Hurricane Sandy, which wreaked havoc on good portions of New York State, clearly won’t be cheap to clean up, and Gov. Andrew Cuomo has avoided giving a specific number to the costs.

In a letter to President Barack Obama requesting maximum compensation from the federal government, however, Mr. Cuomo said the loss of economic activity alone in the state would yield “up to $6 billion in lost economic revenue in the greater metropolitan area and the State due to the severe disruption of business in the world’s leading financial hub and the largest port on the northeastern seaboard.” Read More