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Sandy damages, losses estimated at ${esc.dollar}50 bln - NY governor

Source: Thomson Reuters Foundation - Thu, 8 Nov 2012 17:56 GMT
Author: Reuters
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NEW YORK, Nov 8 (Reuters) - Superstorm Sandy caused an estimated ${esc.dollar}50 billion in damages and economic losses for the U.S. Northeast region, with New York state sustaining ${esc.dollar}33 billion in damages, New York Governor Andrew Cuomo said on Thursday.

"That is a staggering number, especially with the financial situation we've been in," Cuomo told a news conference.

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