Bloomberg: Sandy losses total $19 billion
Photo credit: AP | A piece of construction equipment works on the pile of debris, collected during the cleanup from Superstorm Sandy, in the parking lot of Jacob Riis Park in the Rockaway section of the Queens. (Nov. 14, 2012)
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New York City lost an estimated $19 billion from superstorm Sandy, and City Hall is asking Washington to come up with a large chunk of that to take care of losses not covered by insurance or the Federal Emergency Management Agency.
In a letter to the New York congressional delegation, Mayor Michael Bloomberg said that private homeowners and businesses alone lost $8.6 billion, less than half...
