Superstorm Sandy News

NYC Sandy Rebuilding Is Now on Track, Mayor de Blasio Says

An often-criticized initiative to rebuild Superstorm Sandy-damaged homes has started work on more than 130, finished 30 and dispensed more than $6.3 million to reimburse homeowners for reconstruction costs, New York City Mayor Bill de Blasio said Thursday. He said …

Work Begins on Steel Sea Wall for 2 Sandy-Devastated Towns in N.J.

Two wealthy New Jersey shore towns that were among the hardest hit by Superstorm Sandy nearly two years ago began building a 4-mile-long steel wall last week, an expensive effort that the state says is needed to protect the communities …

S&P Green Lighting Climate Risk Mitigation

How a company manages its risk in the face of a changing global climate is slated to become an ever-greater factor in a company’s worth. Today’s business leaders, whether or not they believe in climate change, face having to take …

New Jersey Senate Fails to Override Sandy ‘Bill of Rights’ Veto

The New Jersey Senate has failed in its effort to override Gov. Chris Christie’s conditional veto of the Superstorm Sandy “Bill of Rights” legislation. New Jersey Senate President Stephen Sweeney pushed the measure, which was crafted by Democrats who were …

Report: NYRR Received $15M for Cancelled NYC Marathon in 2012

The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in 2012, according to a report …

Bridgeport, Conn., Getting $10M to Help Protect City Against Coastal Flooding

Connecticut’s largest city is getting $10 million from the federal government to help protect it against another superstorm like Sandy in 2012. Bridgeport, Conn., officials told the Connecticut Post that the money will be used to engineer strategies to protect …

At Jersey Shore, Last Superstorm Sandy-Damaged Boardwalks Getting Fixed

Last year, the thwack of hammers and the whine of power saws were as ubiquitous at the Jersey shore as the screech of seagulls, as town after town raced to rebuild boardwalks that were wrecked by Superstorm Sandy. Now, with …

Sandy Aid in N.J. Becomes Another Christie Albatross

Nineteen months after Hurricane Sandy left four feet of water in Thomas Largey’s house in Sea Bright, New Jersey, the 82-year-old still lives with his daughter as he awaits aid to raise and rebuild his home. Reopened resorts and new …

Federal Officials Announce 6 Projects to Protect N.Y., N.J. From Storm Damage

A system of dikes around the tip of lower Manhattan, and water pumps and parks across the Hudson River in New Jersey were among the projects selected Monday to receive nearly $1 billion in federal funding as part of efforts …

N.Y. Orders Narragansett Bay Insurance to Pay $327,400 Fine

New York Gov. Andrew Cuomo’s administration announced today that Narragansett Bay Insurance Company will pay a $327,400 penalty for failing to perform timely inspections of Superstorm Sandy damage claims as required by New York Insurance Law and regulations. The company’s …