(Reuters) - Superstorm Sandy caused at least $29.4 billion in overall damage in New Jersey, according to a preliminary analysis released by Governor Chris Christie's office Friday.
The estimate of the damage caused by the storm, which ravaged the Northeastern U.S. coastline late last month, includes personal property, business, infrastructure and utility damage, Christie said in a statement.
The statement said the preliminary cost estimate is "inclusive of aid received to date and anticipated from federal sources," including the Federal Emergency Management Agency and the Small Business Administration. Christie said it was a "conservative and responsible estimate" that could be revised higher, Christie said.
Last week, New York Governor Andrew Cuomo said he planned to ask the federal government for $30 billion in disaster aid for the state. Earlier this month, New York City Comptroller John Liu said the storm was costing New York City $200 million a day in lost economic activity, with that amount likely to top out at about $1 billion.
- Reuters
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