High Rise Facilities |
December 1, 2012
New York City Mayor Michael Bloomberg is seeking $9.8 billion in federal funds to help repair infrastructure, provide long-term housing and recoup economic losses caused by Hurricane Sandy that made landfall on Oct. 29th.
FEMA and private insurance is anticipated to pay for about $9.2 billion of the $19 billion in total private and public property damage to the city from the devastating hurricane, Bloomberg reported to New York’s state Congress.
In the meantime, some property management companies have offered reduced rents to commercial and residential tenants who have been unable to fully occupy their leased space. One of those rumored to be offering discounts is the New York Post Building.
Facility managers have been busy replacing damaged motors and pumps as well as addressing environmental clean-up. Many are continuing to experience sporadic as well as scheduled power outages while engineers transistion from generators to newly installed Con Edison transformers. In many cases that means a temporary loss of electricity, heat, water and elevator service.
In New Jersey, Governor Chris Christie said in a statement that his “conservative and responsible estimate” of $29.4 billion came from “the best available data, field observations and geographic mapping, and supported by expert advice from my Cabinet commissioners and an outside consulting company.”
Meanwhile Atlantic City has initiated an advertsing campaign, including a full-page ad in the New York Times, to counter the misconception that it’s famed boardwalk was destroyed by the hurricane. As a matter of fact the boardwalk is almost entirely intact and the tourism area is now reported to have suffered minimal damage.
Photo Credit: May S. Young
Tags: disaster recovery, hurricane sandy
Category: Fire & Life Safety Intelligence, New York City