Sandy damage estimated at $50 billion

Gov. Andrew Cuomo announces massive price tag of hurricane's destruction

Published November 9, 2012 6:53PM (EST)

New York Gov. Andrew Cuomo announced the latest estimate of damages to the Sandy-struck region are up to $50 billion. Along with many thousands of destroyed East Coast homes, the video below reports that around 250,000 cars were lost to the storm, including 16,000 brand-new vehicles that were waiting to be sold when the superstorm hit:

By Natasha Lennard

Natasha Lennard is an assistant news editor at Salon, covering non-electoral politics, general news and rabble-rousing. Follow her on Twitter @natashalennard, email

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Andrew Cuomo Frankenstorm Hurricane Sandy Natural Disasters New Jersey New York