Hurricane Sandy Caused $71 Billion In Damages
New York Governor says Sandy was worse than Katrina.
New York Governor Andrew Cuomo says that the price tag to fix damages from Hurricane Sandy tops $71 billion.
NBC News reports:
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 also says that while Hurricane Katrina was devastating as far as lives lost, Sandy was just as destructive when thinking of property and business.