Frankenstorm Sandy’s tab for her two-day visit may reach $50 billion, according to IHS Global Insight. The total cost of the devastation will not be known for days or even weeks, as residents try to rebuild their lives and businesses try to get back into operation.
Homeowners without flood insurance will be dependent on the federal government to help them return to some sense of normalcy.
Flights between Ben Gurion Airport and JFK in New York resumes Wednesday for the first time in three days.
Most of New York City’s streets and train track remained off-limits to cars and trains Wednesday, and hundreds of thousands of people still are without power. However, the New York Stock Exchange plans to resume operations for the first time since last Friday.
The large Jewish population along the Atlantic Seaboard also suffered. “It’s a disaster. In every sense of the word,” David Pollock, director of security and emergency planning for the Jewish Community Relations Council of New York, told the Forward.
The storm did not discriminate between rich and poor, with many expensive beachside homes destroyed by powerful ocean waves.
A small gated Jewish community in Coney Island, where several hundred Jewish families live, was completely flooded.
Razie Lefkowitz, whose home is still standing, told the Forward they were helpless against the rising waves and that she and some of her children “basically just ran away.”
Pictures below from Reuters.