Quote:
Originally Posted by
cmoney
When does this bad boy hit land?
Monday night right around Atlantic City or just to the North.
Sandy is stating to close the inner core so the storm could actually become larger. Surge is going to be a huge issue as Sandy is coming on shore right near high tide with a full moon. A full moon adds about 9" of surge which does not sound like much, until you take into consideration Irene was a foot away from flooding the subway system in New York
Here is the swath of real estate Sandy is going to affect:
CoreLogic’s latest report:
The data shows nearly 284,000 total residential properties valued at almost $88 billion at risk for potential storm-surge damage among the coastal Mid-Atlantic states, assuming the storm hits the coast as a Category 1 hurricane. Within that region, more than 238,000 total properties valued at nearly $75 billion stand at risk in eight major metro areas from Virginia to New England.
The greatest financial exposure it to residences within the State of New York where value of potential properties which could be potentially damaged is just above $35 billion. Next comes New Jersey at $22 million
The greatest metro area risk in the the New York City-Northern New Jersey-Long Island, NY-NJ-PA MSA with the CoreLogic estimate at over $48 billion.
Will be interesting to see how this affects the election as power outages Wednesday and Thursday morning will likely be in the 10s of Millions. Places as far as way as Pittsburgh will be impacted.
To put the storm size in perspective, snow is now falling from Sandy. In Kentucky.