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Wednesday, October 23, 2013

Areas of NJ, NY Most Devastated by Sandy

Hurricane Sandy caused nearly $18.8 billion in property losses from Maryland to Massachusetts, affecting an area that produces 10 percent of U.S. economic output.  
A year later, a report based on Guy Carpenter’s on-site surveying shows the brunt of Sandy’s damage fell on Mantaloking, NJ; Breezy Point, Queens; Long Beach Island, NJ; and Staten Island.  
Sandy affected New Jersey and New York the most—at $9.6 and $6.3 billion in losses, respectively, according to the Insurance Information Institute (I.I.I.)—because the infrastructure was not built to withstand a historic mix of water and wind.  
“Sandy was a unique storm with an estimated 700-year return period track, historically low barometric pressures, record wave heights and a historic storm surge. The storm barreled into an area of the country where those types of impacts are rare” said James Waller, research meteorologist for GC Analytics.
GC assessors spent nearly a month studying the most severely-affected areas in Rhode Island, New York and New Jersey from December 2012 to January 2013—areas that were inaccessible immediately following the storm. 
Here is the worst of what they found in the form of an interactive pdf which unfortunately, does not address Broad Channel or Howard Beach.

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