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Estimated Cost Of A New York City Hurricane

Nate Silver has run the numbers on this one, and it doesn’t look too pretty.

The numbers do not paint a pretty picture. According the model, a hurricane with wind speeds of about 100 miles per hour — making it a “weak” Category 2 storm — might cause on the order of $35 billion in damage if it were to pass directly over Manhattan. Such a storm would probably flood New York’s subway system as well as acres upon acres of prime real estate in neighborhoods like the East Village, the Financial District, TriBeCa, Coney Island, Red Hook, Dumbo, as well as parts of Staten Island and most of the Rockaways.

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