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Cost of Damages from Irene Could Hit $7 Billion
While New York City may have been spared the worst, Irene still wreaked a lot of havoc along the Eastern Seaboard. The hurricane, which was downgraded to a tropical storm before landing in NYC, left at least 28 dead in its path this weekend, and damages could reach $7 billion, making it one of America’s 10 costliest catastrophes. Most of the losses are likely to come from damage in New York and New Jersey, two states with some of the most valuable beach front property along the Atlantic. Clean up and recovery efforts are currently taking place throughout the Big Apple and Long Island, where flooding, collapsed buildings, and fallen trees have all caused problems. Hit the jump for a look at the mess Irene left behind.
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