Cuomo Says Sandy Cost New York $33 Billion


ALBANY, N.Y. (UPI) — Gov. Andrew Cuomo, D-N.Y., said the latest damage estimate from Hurricane Sandy is $50 billion for the mid-Atlantic region, $33 billion of it in New York State.

The figures, which he called “staggering,” include economic loss as well as the costs to state and local governments for recovery and clean-up, the Albany Times-Union reported Thursday.

Cuomo again called on the federal government to reimburse all of his state’s out-of-pocket expenses pertaining to the storm, even if a supplemental appropriation bill must be passed.

“We pay a lot in taxes to Washington. This is a very important state, nationally, and I want the respect for our taxpayers,” he said.

State Comptroller Thomas DiNapoli estimated the storm’s financial consequence at $18 million last week and predicted a short-term decline in tax revenues, the newspaper said.

UPI - United Press International, Inc.

Since 1907, United Press International (UPI) has been a leading provider of critical information to media outlets, businesses, governments and researchers worldwide.

Join the Discussion

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.