NYC area at high risk for financial loss from Hurricanes.

[WeatherGuesser]

7:06 a.m. CDT, June 7, 2012

(Reuters) - When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area.

Data analysis firm CoreLogic said in a new report released on Thursday that the U.S. metropolitan area at greatest risk, both in the number of properties affected and the potential value of damage, was New York City. For the firm's purposes, the area also includes Long Island and northern New Jersey.

"The summer of 2011 gave us some startling insight into the damage that even a weak storm can cause in the New York City metro area," CoreLogic vice president Howard Botts said.

"Hurricane Irene was downgraded to a tropical storm as it passed through New Jersey and New York City, but the impact of the storm was still estimated at as much as $6 billion."

http://www.chicagotribune.com/news/sns- ... 5257.story

[Stephanie]

Yes, Irene was our warning. I don't think that another one that will really cause a lot more significant damage in the NYC metro area is that far behind.

[CrazyC83]

That total is just in New York City? Surely there would be significant damage in many other areas too. All of New England, and possibly the Mid-Atlantic depending on the track.