November 8, 2012 / 5:59 PM / 5 years ago

Sandy damages, losses estimated at $50 billion: New York governor

NEW YORK (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.

Reporting by Daniel Trotta; editing by Stacey Joyce

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