Looking back one year ago when Hurricane Sandy hit is still as fresh in mind today as when it happened, so much devastation, so much loss of life, so much structural loss.
Photo via Natalie Keyssar for The Wall Street Journal
Hurricane Sandy was the deadliest and most destructive hurricane of the 2012 Atlantic hurricane season, as well as the second-costliest hurricane in United States history. Sadly the total fatalities from this storm 285, 117 in the US alone.
New Yorkers are a resilient people and have seen more tragedy than any human should have to endure. There is still so much work to be done, like the Twin Towers tragedy, it will be years before we are whole again from Superstorm Sandy.
The best estimates were about $18 billion in damages and so much housing was lost. The fact is in New York it didn’t really affect the housing prices even though there was a significant shortage by 11%. We are in a slow recovery but we are recovering and there are many apartments and houses available in Manhattan, Brooklyn, East Flatbush, Bushwick, Bedford Stuyvesant, & Crown Heights. We are New Yorkers, we are Americans and we will come back stronger than ever!
There are many reports and statistics revealing where we are today and I would like to give kudos to http://www.streeteasy.com and CNN for their updates. I would hope you would read Street Easy’s latest called A Tale Of Two Recoveries. Don’t miss it, you can read it here. http://docs.streeteasy.com/market_reports/Tale_of_Two_Recoveries.pdf
I would encourage you to grab a reliable Real Estate agent and continue your quest for a home. Start now and we can have you in one by Christmas!