Thus raising even more questions:
"The Elevations are as follows. Main Street El. 9.0, Parking Lot and Building Slab El. 7.0, 100 year High Water Mark El.9.50."
Are these elevations above mean sea level ?
By "high water mark do you mean the Base Flood Elevation (BFE)as established by a detailed flood study of the Hackensack River adopted by FEMA?
Why does the subject of your original post mention the "water table" ?
Are you aware that the "100 year" flood level has nothing to do with 100 years ?
Are you aware that the "100 Year flood level" is usually considered only accurate to within plus or minus 1 foot ?
Are you certain that flood waters cannot inundate your buildings via some other indirect route even if you raise the parking lot ?
Is flooding caused by high flows in the river, high tides, or some combination of both ?
During flood conditions, what is the velocity of flow near your site?
If your buildings are not residential, have you considered flood proofing them ?
Are they now, or can they be insured through the National Flood Insurance Program (NFIP)?
What local, City or County, tegulations apply to your property?
Answer these questions for yourself and your client. The answers may suggest possible alternatives to "raising" ( filling?) the parking lot.
Good luck