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Cuomo: LI Restoration Tops $8 Billion

Governor hopes federal cash will help cover the costs after Sandy. So far, FEMA has pledged $277 million for Long Island.

The costs of Superstorm Sandy's devastation on Long Island will top $8 billion, Gov. Andrew Cuomo said Monday, vowing to ask for federal assistance to cover the costs.

The news came on the same day the Federal Emergency Management Agency approved $680 million for the state, with more than $277 million going towards Long Island.

In total, New York's bill for recovery and prevention costs near $42 billion for the state, Cuomo said at a joint meeting with county executives for Westchester, Nassau and Suffolk as well as New York City Mayor Michael Bloomberg. More than $9 billion of that would be used for prevention costs, with the rest accounting for the state's recovery (see full chart below).

"The devastation caused by Hurricane Sandy is of unprecedented proportions, ranking among the worst natural disasters in our nation's history in terms of loss of life, property damage, and economic impact," Cuomo said in a statement.

While LI's totals were higher than the costs for Westchester and Rockland Counties, New York City costs are estimated to top $15 billion.

Prevention costs would include flood proofing at area sewage plants, a particular problem along the South Shore of Long Island where many plants were swamped and leaked into bays and neighborhoods.

While Cuomo's statement included a host of quotes from politicians supporting the governor in pushing for federal reimbursement, Sen. Charles Schumer did caution that the looming budget showdown in Washington could slow down the process.

"Make no mistake, this will not be an easy task, particularly given the impending fiscal cliff, and a Congress that has been much less friendly to disaster relief than in the past. This will be an effort that lasts not weeks, but many months, and we will not rest until the federal response meets New York's deep and extensive needs," the senator said in the statement.

Here is the governor's full breakdown of costs as well as his comparison to the damage Sandy did in New York compared to devastation in the South following Hurricane Katrina.

To view more information and a chart with full recovery and prevention
costs,
click here.

This story was written by Henry Powderly.
HeyJoe November 28, 2012 at 12:09 AM
the thing that annoys me about those beachfront communities looking for taxpayers to bail them out is that no one is allowed to even put a toe on their beaches unless they are residents. Some of them ,you arent allowed to even drive on their streets. I have to admit im having a hard time feeling sympathy for them.
Mer November 28, 2012 at 04:44 AM
I don't live in a beach front community or a luxury house. I own a small cape that was flooded with five feet of water through the first floor of my house. The nearest body of water is ten blocks away. The people in my neighborhood are hardworking, middle class families who, like all of you, have worked hard to get where they are today. Try to have some sympathy for people that have lost everything they have and have no place to live. Instead of maligning individuals and making inaccurate statements, why not help the men, women, and children who are suffering.
Dad of Three November 28, 2012 at 06:42 AM
Thank heaven; finally, a sensible and sensitive comment. There are too many people in the NY metropolitan area who speak (or write) before thinking, and maybe this sense of reality from Mer will put them in their place, and open their eyes to the real world. Stop whining, and start helping.
Arguendo November 28, 2012 at 11:32 AM
With respect, we helped everyone in our neighborhood who lacked power, light, heat and a place to clean up, them and their clothes, and volunteered at a local shelter. Also with respect, Mer and neighbors now know they live in a flood plain and need to consider how best to deal with an issue that will likely re-occur. Christie has a solution: a buy-out and a return of the land to nature.
Joy Hannon November 28, 2012 at 11:58 AM
Falling trees have damaged many homes or parts of homes. It wasn't just from flooding.
anita combs November 28, 2012 at 12:09 PM
since most of our gas station have the nerve to price gorge and charge two prices (credit and cash-no where else out of tri state does that) they should be the ones who fork in helping paying. Long Island gas station are .40 to $1 more than the lowest, why should they get the luzory on our money.
Wayne D. November 28, 2012 at 01:01 PM
Remember the cave man days, Ally opp bop bop, and so on.....
Wayne D. November 28, 2012 at 01:08 PM
Years ago they had this cash/credit pricing, I thought they were told it was illegal back then, now it's back, I know the credit card people charge the shops and stations a fee but it's like a newspaper store selling a paper with very little profit but they hope someone will by something else to off set the difference...
Judy November 28, 2012 at 01:14 PM
Good Morning, Does anyone know about GRANTS available for the victims of Sandy. There's plenty of loans that can put families further underwater. Need GRANTS available for true middle class. Families that work & pay taxes. Thank you. STRONG BEACH WILL COME BACK AGAIN!
David November 28, 2012 at 01:23 PM
New York allows you to give a cash discount so the price technically is the higher price and the cash is a discounted price. I think Hess doesn't do that and some others. Credit cards cost anywhere from 1% to over 4% to process so if they charge a dime more it probably averages out to cash cost for the station. The company I work for paid over $100,000 dollars in fees last year. Where cutting down on accepting them.
Zqueen Bean November 28, 2012 at 01:48 PM
So, yeah. Flood insurance is not cheap, and some homes that have never been flooded were flooded in this storm. High risk insurance? Yes, that is what hurricane deductibles are about. For my non beachfront non-luxury home the hurricane deductible is over 14 grand. What we should be discussing is why are these recent storms so massive that a tropical storm and cat 1 hurricane have done so much damage. GLOBAL WARMING. If we develop affordable green energy now it will still take years for the oceans to cool, and reduce evaporation.
Lorraine DeVita November 28, 2012 at 02:46 PM
Along with all the many & wonderful perks of waterfont living come the minuses. I am astounded that people who live on water front property or canals or within a certain footage of water are perplexed why there isny MORE financial assitance available to them. Whether it be a 200K bunglow or a 2 million dollar home living ON or NEAR the water has disadvantages . If people have NOT taken the precautions both financialy and physically to protect their investment due to either not being able to afford them or not understanding that climatic changes are evident then i feel that we need to examine HOW their losses are reimbursed as well HOW these homes are RE BUILT. Town codes should be implemented to make it MANDATORY that all waterfront homesand the mechanicals be elevated a certain footage above SURGE level. NEW BUILDs should be pier/stilt built. allowing for water passage UNDER the structure. These are codes that MOSt other States with coastal communities have. As well NO trees within certain footage from power lines. The COST should be borne by the homeowners with ZERO interest loans from the governemnt or grants based on abillity to repay. As well ALL homes on or near the water should NOT be allowed to heat homes with oil and should be natural gas only. Again these conversions should be funded by the homeowner with ZERO interest financing from the gov.
Argile November 28, 2012 at 02:49 PM
This country is broke yet it still sends BILLIONS in foreign aid when it's citizens need help here. Talk about ass backwards.
Lorraine DeVita November 28, 2012 at 02:52 PM
Waterfront living is a priviledge we need to allow these people to keep their homes but make them safer and less prone to destruction. We can not avoid ALL losses in the future but we CAN be smart enoughto realize HOW we allow these homes to be rebuilt can decided between 8 billion dollars in losses and 1 billion dollar in losses ALL of which We the taxpayers in one form or another pay for
Ronnie Gavarian November 28, 2012 at 03:11 PM
good point! I think we should start a movement which states that if you utilize taxpayer dollars, all property will be common ground, no private beaches!
Ronnie Gavarian November 28, 2012 at 03:36 PM
If you're deductible is $14,000 you must be paying a very, very small premium. If you want to discuss WHY this storms are occurring and you believe in GLOBAL WARMING, then people should STOP encroaching on environments that should remain naturistic. Get off the beaches, get off the waterfront properties if you people are so concerned about nature and global warming. Oh, but I forgot - it doesn't matter when it comes to hedonistic desires it's okay to infringe on nature. We don't belong on the beach. If we did, we'd have fins!
Christine F November 28, 2012 at 04:38 PM
Please keep in mind that people that live in these areas, are used to being flooded each year. This was a hurricane or tropical storm at the time, the surge level was very high compared to what they normally see down there. My family member's home is 8 feet above sea level and the water came all the way up to her first floor, thats 8 feet!. Also please keep in mind that many of the villages that these homes are in have rules about how high the house can be raised, and what else can be done with the house as far as changing the structures. Therefore, changes to the houses need to come from the villages/towns as well as the homeowners to make the homes be more sustainable to this type of weather. - Please be nice with the comments, it's the holidays and there are many people who lost everything, including some who lost their lives during the storm.
Joy Hannon November 28, 2012 at 04:44 PM
Ms Gavarian, I think you are confusing medical insurance policies with home insurance policies. In recent years home insurance companies have instituted deductibles for "hurricanes" that are based on a percentage of the maximum for the policy, rather than based on a fixed amount of dollars for non-hurricane incidents. I can recall the notice from my own company, and realized where I previously had a $1,000 deductible for wind damage, I would face a deductible of something like $9,000 if the damage was created by a NOAA-desighnated hurricane. As to the rest of your commentary, you are taking an extremist position that fails to take into account the status quo ante; people have lived in most of those locations for generations, so please don't be so harsh on them. On the other hand, if you want to propose something sensible, like a time limit on residing within specific designated high risk areas, that would at least take into account generational history while recognizing the ultimate futility in living within certain boundaries. We need less vitriol and more understanding creativity to solve what everyone now realizes is a problem. This won't be the last catastrophic storm, so we better move towards more sustainable arrangements.
Ronnie Gavarian November 28, 2012 at 04:47 PM
Duly noted.
mel November 28, 2012 at 09:10 PM
many homes in the southshore are mandated to own flood insurance if they have a morgage and are not getting funds from FEMA, the problem is many, who were not deemed to be in a "flood zone" became flooded. Flood insurance is very expensive and we "luxury home owners" pay dearly
M. Perrotta November 28, 2012 at 09:26 PM
It must be nice to be so wealthy that you can just repair and replace everything,without needing any federal assistance! Most people who need help are widows or widowers living on pensions and they pay plenty for flood insurance and home owners insurance, many have actually lost their income from rental apts when tenants got flooded out. Please think before you write..............someday it could be you waiting for someone to decide how much their ins co is going to pay and if they can afford the balance,FEMA has so far only supplied temp housing money . I guess you were lucky to not be affected at all by Sandy !
M. Perrotta November 28, 2012 at 09:29 PM
Thank you yes they are far from luxurious ,and people have lived in these homes for many years without having water come into their homes
Cypher November 28, 2012 at 09:30 PM
I love the entitlement parasites here. They love that phrase: It can happen to You too! Yeah right. Like if I had flood insurance, I too can be whining about lack of money to rebuild. Like I would deliberately live in the path of Nature because I can always whine for somebody else to pay for my idiocy. Yes, if you were a RE T AR D, it can happen to You, too.
M. Perrotta November 28, 2012 at 09:32 PM
Just which beachfront community are you referring to ? Lindenhurst is not the Hamptons .
Lorraine DeVita November 28, 2012 at 09:43 PM
Having gone thru HUGO in SC with water front property the rule of thumb is if you can see water, smell water, hear water or are within walking distance of one mile or less and see waterfowl regularly then you better make sure you HAVE flood insurance, whether is required or not , as well as a multi million dollar insurance Umbrella along with hurricane insurance with a manageable deductible already in the bank under lock and key and if you CANT afford it then perhaps its time for the "for sale sign" to go up. People with no mortgages have to make a decision on whether to gamble or not ..some did and some lost everyhitng. its a hard choice to make becaseu you always think not me not here.. unfortunately this whacky climate is making the ODDS worse and worse for waterfront homeowners. Mother Nature is holding all the cards..and as much as we dont want to think about this now it CAN and WILL happen again..
M. Perrotta November 28, 2012 at 09:44 PM
I really am glad you don't live in south Lindy it is a shame you are so ignorant
Ralebird November 29, 2012 at 06:12 AM
In New York state all beaches are open to all below the mean high water mark.
Mer November 29, 2012 at 07:19 PM
To those of you that say that people that live in a flood zone shouldn't rebuild or should move elsewhere, where would you like us to go? My husband and I bought our small cape over four years ago at the height of the real estate boom. There were not many houses we could afford in our price range at that time due to the overpricing of houses so we settled on a small Cape in Bellmore. Prior to Sandy the value of my house declined by $100,000 due to everything that happened with the banks. Now after Sandy I'm sure it will decline even more. I have no choice but to rebuild my home with whatever flood insurance money I get or loans we receive. We were denied FEMA help because we have flood insurance. Meanwhile flood insurance is barely going to cover the costs of bringing my home back to a liveable state. I can't sell my home without taking a severe loss and still wind up owing the banks thousands for the balance of my mortgage. With a three year old, another child on the way, and the loss of all our possessions, we can't afford to take that chance. Sure, if the government had a program to buy out people and bring that land "back to nature" we would take them up on it. Nobody with intelligence chooses to stay in a known flood zone. Many people are in the same boat as me. We can't afford to sell our homes at a severe loss.
Dad of Three November 29, 2012 at 10:45 PM
Thanks for a continued injection of insight into this overly emotional thread. In the short run, there needs to be rebuilding. Many people have virtually their entire asset portfolio in their houses, and you can't yank the rug out from these folks at this time. But, over the long run (TBD), there needs to be a buyout (at market value) by Federal entities so that high risk land can revert to a more natural state.
eileen A. November 30, 2012 at 07:34 AM
thank you Mer. Well stated. some people just don't get what we are all going through even with FLOOD AND WIND insurance. I know we still have our lives, but everything sentimental is gone! not fun at all. (and i'm also about 5 blocks from the water) and it didn't matter.

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