Christie: New Jersey Sandy Damage Rises to $36.8 B

Wednesday, 28 Nov 2012 12:36 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
New Jersey Governor Chris Christie named a disaster-recovery manager as he said damage and costs from Hurricane Sandy have reached $36.8 billion.

The estimate is up more than $7 billion from a preliminary figure of $29.4 billion that Christie, a first-term Republican, gave last week. It’s also higher than the $33 billion estimate given by New York Governor Andrew Cuomo for costs of the storm to his state.

New York and New Jersey won’t compete for federal disaster money, Christie, 50, told reporters today at the Statehouse in Trenton. The two states are “entwined” and Sandy is a regional issue, he said.

Christie named Marc Ferzan, a former assistant U.S. attorney who has worked in New Jersey’s attorney general office, to lead the state’s recovery. Ferzan, of Lawrenceville, will work out of the Statehouse and earn a cabinet-level salary, $141,000, the governor said.

Sandy struck Oct. 29, flooding New York City’s subway system and leaving more than 2 million residents in the state without power. In New Jersey, it caused massive flooding and left 2.7 million customers in the dark. The storm killed more than 100 people and left thousands homeless.

Sandy is comparable to Hurricane Katrina in terms of damage, Christie said. He said he would release details of the additional Sandy costs later today.

 

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Missouri Governor Appoints Black Cabinet Member

Thursday, 28 Aug 2014 08:16 AM

Missouri Gov. Jay Nixon has appointed a black former St. Louis police chief, Daniel Isom II, to become the state's direc . . .

What? Hello Kitty Not a Cat, Has Never Been Says Company

Thursday, 28 Aug 2014 06:36 AM

Hello Kitty is not a cat, the company behind Japan's global icon of cute insisted Thursday, despite an uproar from Inter . . .

Imam to Hannity: Sharia Law Is 'Coming to a Place Near You'

Wednesday, 27 Aug 2014 23:11 PM

Controversial London Imam Anjem Choudary had a heated argument with Fox News Channel's Sean Hannity on the latter's show . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved