Today marks the second anniversary of Superstorm Sandy, which devastated New York – 61 people lost their lives and more than 300,000 homes across the state were damaged. New York City’s real estate industry also suffered major losses – private landlords sustained more than $8.5 billion in property damage, and the city’s government sustained property damages of about $4.5 billion, according to an estimate from Mayor Michael Bloomberg’s office.
At the time, The Real Deal took a close-up look at how the storm impacted the real estate industry — from the landlords who were hit hardest to the brokers who’ve found displaced residents new homes to the developers who are most likely to cash in on the rebuilding efforts. Take a look at some of our key coverage here.
Landlord losses: Snapshots of some of the building owners hit hardest by the storm
Brokering after Sandy: A look back at the post-storm fallout in Manhattan, where rentals boomed and sales slowed
A storm’s silver lining?: Sandy’s devastation could bring a boom to the construction and real estate industry
– Hiten Samtani