The homes along this Midland Beach neighborhood have piles of trash and belongings placed outside. (Nov. 2012)
NEW YORK (AP) - Mayor Michael Bloomberg estimates Superstorm Sandy caused a whopping $19 billion in losses in New York City. He's asking federal lawmakers to put up nearly $10 billion to reimburse both government agencies and private businesses.
The mayor's request Monday would come on top of a projected $5.4 billion from the Federal Emergency Management Agency.
Bloomberg says that money, and private insurance, won't cover all the public and private expenses from the storm. They could range from rebuilding roads to reimbursing a restaurant for lost business while power was out.
States typically get 75% FEMA reimbursement for disaster recovery. Congress sometimes authorizes additional aid.
The request comes as Congress and the White House face a Dec. 31 deadline to craft a sweeping deficit-reduction plan and avoid the so-called "fiscal cliff."
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Friday, May 17 2013 9:12 PM EDT2013-05-18 01:12:56 GMT
A welcome sight in Coney Island: workers cleaning umbrellas, wiping down counters, and putting the finishing touches on a rebuilt Original Nathan's Famous.
A welcome sight in Coney Island: workers cleaning umbrellas, wiping down counters, and putting the finishing touches on a rebuilt Original Nathan's Famous.
Thursday, May 16 2013 6:47 PM EDT2013-05-16 22:47:54 GMT
The MTA and Gov. Andrew Cuomo announced that the A train subway will run its route all the way to the Rockaways starting May 30, seven months after Superstorm Sandy washed away the track support bed.
The MTA and Gov. Andrew Cuomo announced that the A train subway will run its route all the way to the Rockaways starting May 30, seven months after Superstorm Sandy washed away the track support bed.
Thursday, May 16 2013 4:28 PM EDT2013-05-16 20:28:43 GMT
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
Gov. Chris Christie has announced plans to use $300 million in federal funding to buy out homeowners whose properties have flooded repeatedly, especially during Superstorm Sandy.
Tuesday, May 14 2013 3:18 PM EDT2013-05-14 19:18:16 GMT
Great Britain's Prince Harry visited several towns along the Jersey Shore that were devastated by superstorm Sandy.
Great Britain's Prince Harry visited several towns along the Jersey Shore that were devastated by superstorm Sandy. The prince began the tour Tuesday morning with a stop in Mantoloking with Gov. Chris Christie followed by a visit to Seaside Heights.
Monday, May 13 2013 8:03 AM EDT2013-05-13 12:03:24 GMT
A non-profit organization based in Rockaways, Long Beach and the Jersey Shore since November, hosted a "Gifts for Groms" event Saturday afternoon. The Gifts for Groms event took place at unsOund Surf
A non-profit organization based in Rockaways, Long Beach and the Jersey Shore since November, hosted a "Gifts for Groms" event Saturday afternoon. The Gifts for Groms event took place at unsOund Surf shop.
Saturday, May 11 2013 8:23 PM EDT2013-05-12 00:23:05 GMT
Rye Playland reopened to hundreds of families and kids Saturday after months of repairs. The amusement park's opening day admission included unlimited rides like the cooling log flume
Rye Playland reopened to hundreds of families and kids Saturday after months of repairs. The amusement park's opening day admission included unlimited rides like the cooling log flume
Saturday, May 11 2013 6:11 PM EDT2013-05-11 22:11:25 GMT
The crane that was damaged and dangling over Midtown during Hurricane Sandy has been repaired. Workers replaced the boom that almost broke off during the powerful storm.
The crane that was damaged and dangling over Midtown during Hurricane Sandy has been repaired. Workers replaced the boom that almost broke off during the powerful storm.
With two weeks to go before the summer crowds arrive, New Jersey shore towns are in a race to finish rebuilding boardwalks wrecked by Superstorm Sandy.
With two weeks to go before the summer crowds arrive, New Jersey shore towns are in a race to finish rebuilding boardwalks wrecked by Superstorm Sandy.
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The homes along this Midland Beach neighborhood have piles of trash and belongings placed outside. (Nov. 2012)
