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Eight months after hurricane -- devastated the eastern seaboard a sliver of New York City still struggles to survive.
We lost good business especially for the month of December where it was like we organize a lot of private parties we build.
Offices around the area.
And as being really tough because he was off three successful.
Obviously on the surface the damage seems minimal it was -- my -- dealt most severe -- This is front street one of the main thoroughfares at this South Street Seaport and one of the hardest areas hit by hurricanes and you back here.
It's also one of the last recover.
But it's not just wind and water cannons wears these fitness is threatening plus instead it and it may seem thermal heating system -- -- Shared by all of these.
What's the recovery efforts to stop and this is to remain -- The geothermal system is no longer geothermal systems are very susceptible -- -- and they have to be in the basement because they have to replace through.
Whether this source water.
So -- we've replaced the geothermal system where -- another variable prison system that lives up.
The durst organization which owns a dozen storefronts and ninety's -- apartments on this block.
Turn tragedy into opportunity -- not just replacements and repairs to their property but adding upgrades as well.
The ground floors all the buildings are shut it down to that -- -- -- we.
Did -- -- mold remediation.
To make sure we didn't.
We've now more last week bail out all of the retail spaces to -- corn belt basic level.
Still the upgrades and rebuilding process comes at a hefty price for durst the price tag is seven million dollars out of pocket after.
-- and business interruption insurance that from restaurants like over Conte whose livelihoods depend on their shops and restaurants.
The waiting game takes a different tone.
-- -- -- -- -- -- felt we stuck to see it all of the other restaurants -- the one on the -- company bought the one read other landlords they stuck to run again.
So we was at night YE.
We'll -- people and -- the chance to rebuild their restaurant -- -- working again and we are not.
Initially everybody wants to get back into this base as quickly as possible and you know every -- you can appreciate that desire to quickly.
Get yourself up and running and we've told all residents and our commercial tenants.
Sorry to slow you down but we've really got to get this -- Despite the large price tags and drawn out and find the management team at Albert got to he has no doubt that restaurant and the seaport will bounce right back.
Every day on our FaceBook page or like my personal email phones I receive messages is that people are actually asking to me if we got it opened yet or -- we gonna -- yet hoods.
They love this place and they can't wait to be back.
I'll thirteen businesses have renewed their -- doctors and 45% at residential tenants are expected to return to the consequences were tough the -- standing ties that was at the seaport will not soon be forgotten.
-- Along with a lot of -- folks around the city of London flooding is not a joke and -- -- -- the city is -- Severe weather event.
In New York -- -- foxbusiness.com.
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