If I'm reading the paper correctly, the authors don't argue that sea levels will rise more than previously predicted. Rather, they argue that the classical technique for estimating impact by using elevation (SRTM) is overestimating elevation and therefore underestimating the impact of rising sea levels. The authors claim that their technique (CoastalDEM) also underestimates the impact of rising sea levels, but reduces the systemic bias present in previous estimates.