Hurricane Sandy: One Year Later

HURRICANE SANDY: ONE YEAR LATER WHAT HAPPENED, HOW WE RESPONDED, AND HOW WE'RE PLANNING AHEAD THE DAMAGE HURRICANE SANDY IS THE 2ND #2 COSTLIEST HURRICANE SINCE 1900 With an estimated total damage amount of $50 billion or more 2$ IN NEW JERSEY, TOTAL BUSINESS LOSSES IS THE DAMAGE TO ESTIMATED AT NEW YORK CITY IS ESTIMATED AT $8.3B $19B • Nearly 19,000 small businesses sustained damage of $250,000 or mor (inclusive of all private, public, indirect costs) HURRICANE SANDY DAMAGED OR DESTROYED 305K housing units in NEW YORK 346K housing units in NEW JERSEY THE RECOVERY 49.9% of repairs attributed TO SAFETY More than 2,100 FEMA housing inspectors were dispatched and more than 160,000 homes inspections have been completed (THAT'S ABOUT 76 HOMES PER FEMA INSPECTOR) According to Porch.com, safety related projects were the most prevalent in the months immediately following Sandy in the New York and New Jersey metro areas $5.6B in aid has been paid out to NEW JERSEY STORM VICTIMS $3.5 billion from the National Flood Insurance Program and $415 million in FEMA grants to individuals or households %24 FEMA HAS APPROVED MORE THAN $1 BILLION TO ASSIST NEW YORK CITY'S FAMILIES WHOSE PROPERTY %24 WAS DAMAGED OR DESTROYED $855 million to help survivors with home repairs and temporary rental costs $145 million with other uninsured hurricane related expenses such as: personal property medical/ dental costs transportation funeral moving costs costs HURRICANE SANDY CLAIMS PAID BY TYPE: 9 = $1B IN VALUE OF CLAIMS OVERALL AUTO RESIDENTIAL FLOODING (NFIP) $3.2B $3.1B ...... $2.1B $1.56B $1.5B $530M $270M 501,447 328,946 109,833 54,642 54,894 70,787 11,428 insurance insurance claims insurance insurance insurance insurance insurance claims claims claims claims claims claims NEW NEW NEW NEW NEW NEW REST OF YORK JERSEY YORK JERSEY YORK JERSEY THE REGION MOVING FORWARD FLOOD MAPS HAVE BEEN UPDATED FOR THE FIRST TIME SINCE 1983 AT-RISK RESIDENTS LIVING IN FLOOD PRONE AREAS: (In New York City) = 5k residents 1983: 218K 2012: 398K AT-RISK BUILDINGS IN FLOOD PRONE AREAS: (In New York City) = 1k buildings 1983: 35K 2012: 67K By 2030, buildings in New York with more than 7 stories and over 300,000 sq feet THE "REBUILD BY DESIGN" COMPETITION IS LAUNCHED ARE REQUIRED TO UNDERTAKE by the Hurricane Sandy Task Force in order to develop actionable projects that will make the Sandy-affected region more resilient FLOOD PROTECTION MEASURES SOURCES: [1] http://www.usatoday.com/story/weather/2013/02/12 /hurricane-sandy-weather-katrina/1912941/ [2] http://www.fema.gov/hurricane-sandy [3] http://www.corelogic.com/about-us/researchtrends/ BROUGHT TO YOU BY: Porch storm-surge-report.aspx [4] http://www.nhc.noaa.gov/data/tcr/AL182012_Sandy.pdf [5] http://www.huffingtonpost.com/2013/10/13/hurricane-sandy -new-jersey_n_4093139.html?ir=Green [6] http://portal.hud.gov/hudportal/documents/huddoc?id= HSRebuildingStrategy.pdf www.porch.com %24 :::