Hurricane Sandy caused an unprecedented $29.4 billion in damage to the state, Gov. Chris Christie said today.
The estimate is preliminary and includes damages to personal property, businesses, transportation and utilities infrastructure as well as to the state's tourism industry.
The governor said the estimate will be refined and revised in the coming weeks.
“This preliminary number is based on the best available data, field observations and geographical mapping, and supported by expert advice from my Cabinet commissioners and an outside consulting company,” said Christie. “In a short period of time, we put together a comprehensive and responsible estimate, which may increase in the weeks ahead, and I stand ready to work with our Congressional delegation and the Obama Administration to get the funding support New Jersey expects and deserves in the aftermath of this catastrophe. We will continue to provide immediate relief for our citizens who were struck hard by Sandy. But be assured, I will spare no effort and waste no time to rebuild and restore our tourism industry, our transportation and utilities infrastructure and the lives of our citizens for the long term.”
The preliminary cost estimate includes aid received to date and anticipated from federal sources including FEMA and the Small Business Administration. The estimate will likely be refined further to consider and include the long-term impact on the next tourism season, shifts in population, impact on real estate values and other factors, according to a release from the administration.
The Democratic National Committee is targeting Gov. Chris Christie as the New Jersey executive begins his term serving as chairman of the Republican Governors Association.Read More >
Former Mayor Gibson endorses Baraka for mayor if Newark NEWARK - Former Mayor Ken Gibson tonight formally backed South Ward Councilman Ras Baraka for mayor of Newark at a campaign event at the Robert Treat Hotel. "I'm endorsing Ras Baraka for mayor," Gibson told PolitickerNJ.com in the Crystal Ballroom. "He...
BY Giancarlo Tello As an undocumented New Jersey student of 17 years, forced to drop out of Rutgers University because I could not afford the discriminatory out-of-state rate of $27,500 a year, I find Martin Perez’ misguided response to the... Read More >
"It's incredible, it's a dream. I would never have imagined that I would be running for mayor, but to have Ken Gibson say that, I didn't expect it. Having Ken Gibson on my side is the ultimate reference check. It's the ultimate in street credibility. Mr. Gibson said it, when he was running for mayor, people said that they weren't ready, but Mr. Gibson said 'ready or not, here I come.' I think that's apropos for my campaign. Newark is ready for this." Newark Mayoral candidate Ras Baraka- PolitickerNJ.com
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.