N.J. governor: Hurricane Sandy will cost state at least $29.4B
NEW YORK - Superstorm Sandy caused at least $29.4 billion in overall damage in New Jersey, according to a preliminary analysis released by Gov. Chris Christie's office Friday.
The estimate of the damage caused by the storm, which ravaged the Northeast U.S. coastline late last month, includes personal property, business, infrastructure and utility damage, Christie said in a statement.
The statement said the preliminary cost estimate is "inclusive of aid received to date and anticipated from federal sources," including the Federal Emergency Management Agency and the Small Business Administration. Christie said it was a "conservative and responsible estimate" that could be revised higher, Christie said.
Last week, New York Governor Andrew Cuomo said he planned to ask the federal government for $30 billion in disaster aid for the state. Earlier this month, New York City Comptroller John Liu said the storm was costing New York City $200 million a day in lost economic activity, with that amount likely to top out at about $1 billion.
"This preliminary number is based on the best available data, field observations and geographical mapping, and supported by expert advice from my Cabinet commissioners and an outside consulting company," Christie said in the statement Friday.
Christie said the estimate will be refined in the future to include impact on the next tourist seasons, real estate values and population shifts.
The record-breaking "superstorm" blasted through eight Northeastern U.S. states on Oct. 30, killing dozens of people, battering coastal neighborhoods and forcing mass evacuations. The storm shut down the entire New York City subway system for days.
READER COMMENTS: 0
- Restaurant foundation destabilized by high water raises Route 3 Bridge, downtown Colebrook flooding concerns - 0
- Winchester roads ravaged by heavy rain - 0
- Despite heavy rains, tornado warning, Nashua OK - 0
- Wild weather strikes Granite State - 0
- Perfect weather predicted for weekend events - 0
- NH braces for a soaker, flash floods as Arthur moves up coast - 0
- Concord postpones fireworks to Saturday - 0
- LIghtning strike sends Epping house up in flames - 0
- Weather warnings push fireworks to Saturday in Rochester - 0
READER COMMENTS: 0
- Distracted legislating: Our baseless cellphone ban - 0
- Another View -- Betsy McCaughey: Our free lunch President - 0
- Another View -- Karlyn Borysenko: Workplace bullying is a serious problem, governor - 0
- Workplace abuse: Governor gets one right - 0
- Red Sox pull Lester from Wednesday start amid trade rumors - 0
- Accused Abby kidnapper Kibby had past minor brushes with police - 0
- Police say youths at New Boston underage drinking party resisted arrest - 0
- Man hospitalized following Rochester shooting; suspect still at large - 0
- Muskrats, Swamp Bats split twinbill - 0
Win tickets to see ZZ Top
Win tickets to see the Pretty Reckless
Market Basket community waits and watches
Abby's alleged kidnapper held on $1M bail
Win tickets to see Ziggy Marley
Dover man sought in Rochester shooting
Supporters are now 'Abby Strong'
Canobie Lake Park shuts down popular ride