Sandy damages, losses estimated at $50 bln - NY governor

Thu Nov 8, 2012 12:56pm EST
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NEW YORK Nov 8 (Reuters) - Superstorm Sandy caused an estimated $50 billion in damages and economic losses for the U.S. Northeast region, with New York state sustaining $33 billion in damages, New York Governor Andrew Cuomo said on Thursday.

"That is a staggering number, especially with the financial situation we've been in," Cuomo told a news conference.