Report: Hurricane Sandy Cost New York, New Jersey $71 Billion In Damages

Report: Hurricane Sandy Cost New York, New Jersey $71 Billion In Damages
World
Like Us On Facebook
Like Us On Facebook

We all knew Hurricane Sandy was going to cause a ton of damage, but nobody thought it would amount to the $71.3 billion it cost the states of New York and New Jersey.

Between the actual devastation and preventative measures being taken to stop similar damage from future storms, the two states have to dish out over $70 billion in an attempt to return to normalcy.

The total is not finalized either, as new costs can arise over time.

New York Governor Andrew Cuomo said on Monday the state will need $41.9 billion, including $32.8 billion to repair and restore damaged housing, parks and infrastructure and to cover lost revenue and other expenses.

The figure also includes $9.1 billion to mitigate potential damage from future severe weather events, Cuomo said.

New York’s western neighbor, New Jersey, saw massive damage to its transit system and coastline, suffered at least $29.4 billion in overall losses, according to a preliminary analysis released by Governor Chris Christie‘s office Friday.

The preliminary cost estimate includes federal aid New Jersey has received so far.

While it wasn’t as large of a storm, Sandy, in many ways, was more destructive than the massive Hurricane Katrina, which ravished New Orleans and the Gulf Coast in 2005.

Sandy destroyed 305,000 houses in New York state, a provisional number that’s likely to grow, compared to the 214,700 homes destroyed in Louisiana by Katrina and sister storm Rita.

Sandy also caused nearly 2.2 million power outages at its peak in the state, compared to 800,000 from Katrina and Rita in Louisiana, and impacted 265,300 businesses compared to 18,700, Cuomo said.

The human death toll of Katrina was much larger, killing at least 1,800, while Sandy has been responsible for over 121 deaths as of now.

“Hurricane Katrina got a lot of notoriety for the way government handled — or mishandled, depending on your point of view — the situation,” Cuomo said at a press conference.

But considering the dense population of the area Sandy impacted and costs to the economy, housing, and businesses, the damage done “was much larger in Hurricane Sandy than in Hurricane Katrina, and that puts this entire conversation, I believe, in focus,” Cuomo said.

A return to normalcy is still a long way away for the Tri-State area.

Jordan Shepherd | Elite.

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Julian Sonny

From the sandy beaches of Hawaii, to the streets of New York: Julian has seen it all. His lifetime of travels has given him a broad scope of knowledge and an eclectic taste unlike any other in the tri-state area. Julian has often been compared to cultural icon, The Rock, because of his unequivocal work ethic and warrior-like stature.

More In World

World Sean Levinson

Science Explains Why Chickens Are So Much Bigger Than They Used To Be

Canadian scientists have discovered why today’s chickens are so much bigger than those of previous decades. In a study led by University of Alberta agricultural science professor Martin Zuidhof, a team raised three different breeds of chicken on the exact same diet. One breed was commonly used in 1957, one in 1978 and the last […]

World Emily Arata

Female Gym Teacher Caught Sleeping With Young Student Multiple Times

When Megan Mahoney offered to coach one of her young, male students in basketball, she apparently had more than athletics in mind. The 24-year-old Catholic school teacher from Staten Island has been charged with 30 counts of statutory rape and four of criminal sexual acts for her relationship with a 16-year-old student, which happened between […]

World Sean Levinson

Man Fakes Coma For 2 Years Just So He Doesn’t Have To Go To Court

A UK man pretended to be a comatose quadriplegic for two years to avoid being prosecuted for a crime. But 47-year-old Alan Knight’s scam was exposed when CCTV footage caught him driving his car and walking around a supermarket. The married father of three stole the equivalent of $64,000 from an elderly neighbor’s bank account, […]

World Sean Levinson

Man Finds Rat Head In Chili And Accidentally Takes A Bite

A Florida man bit into his chili at a Golden Corral restaurant last Wednesday and felt a “crunch.” When he spit it out, he reportedly discovered the head of a rat. A photo of the hidden ingredient proves it’s not just any rat, but possibly the ugliest rodent on this side of the world. Customer […]

Also On Elite

Life

To The People Who Still Feel The Need To Be In A Facebook Relationship: Stop

Dear desperate attention seeker: I just have one question for you: WHY?! Why do you think you need to alert the world with one little status that you are in a relationship with another hyperlinked person? Is there nothing sacred anymore? Do you really need to validate your relationship with this little insignificant setting? How […]

World

9 Reasons Why You Need To Calm The F*ck Down About Ebola In America

This past week, the Center for Disease Control confirmed the first diagnosis of Ebola within America. The individual’s name is Thomas Eric Duncan, a Liberian national. Not surprisingly, many Americans started freaking out. People fear what they don’t understand, and Ebola is a foreign disease with no cure. Moreover, there is evidence that other people were […]

World

How Censorship In Education Is Failing To Prepare Students For Reality

I think we can all agree that educational administrations usually believe they know what’s best, that they are the experts in molding young minds and they know how to prepare students for the real world. Sometimes, however, these administrations employ some pretty bad ideas, and censorship is one of them. This is exactly what Jefferson […]

Sex

Mixxxer Is The Tinder For People Who Just Want To Have Sex ASAP

Since its inception, dating app Tinder gained a reputation for being about casual sex rather than real relationships. However, there’s a new app just for hooking up that those seeking casual sex can use instead. You can avoid any confusion and get straight to the point. The app, Mixxxer, makes it clear it is not a […]