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Altschule: $40B in Damages Possible

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  • Description

    Forensic Weather Consultants President Howard Altschule on the cost of the hurricane.

  • Duration 1:24
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One forecast for firms predicting that superstores -- Could cost twenty billion dollars of property damage in the United States joining us now.

The president of forensic whether consultant Howard outsold.

Howard is this is obviously just the beginning as an.

It is.

For a fact from talking to some friends of mine that searches and rescues are still.

Underway there of making sure that there's -- victims left in the houses and we have a lot of emergency personnel there.

And then we can just start to pick up the pieces.

Storm surge is only about one to three feet it's still in the Holmes rate now.

In parts of Suffolk county and we have until about twelve noon today before high tide starts to go out.

So that's the good news that's when the water will start receding -- when some of these homes could be pumped out but.

Not before the damage is done Howard Deborah quick cuts when he billion to -- sounds -- while I united we're talking East -- the stock exchange closed Manhattan.

-- what do you think this number -- can go.

I think it's going to be much higher than twenty billion dollars I think -- earlier estimates of maybe twice as much forty billion dollars is certainly possible.

They have to respect 600 miles of bus subway rail line.

And business will remain closed the end of the week -- gonna be -- until next week which will affect the businesses to get huge hit for the economy absolutely you know I mean New York City shut down for week a huge hit.

All along -- -- Howard thanks a lot.

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