N.Y. to seek $30B in aid to rebuild from Sandy

In the wake of superstorm Sandy, sand is built up along a battered beachfront with a crushed boardwalk in the Rockaway Beach neighborhood of Queens, N.Y., Wednesday, Nov. 7, 2012. / AP Photo/Craig Ruttle

ALBANY, N.Y. An administration official says Gov. Andrew Cuomo plans to request at least $30 billion in federal disaster aid to rebuild after Superstorm Sandy.

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Sandy's devastation on Staten Island

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Aerial views of superstorm damage

The official wasn't authorized to speak publicly because the details haven't been finalized.

The official confirms that the administration will use the money to cover costs to repair bridges, tunnels subways and commuter rail lines.

It will also help rebuild homes and apartments, reimburse local governments for emergency services and make loans and grants to businesses.

The plan was first reported by The New York Times.

It's based on an estimated $50 billion in damages and would help cover the cost of improvements like a power grid meant to improve utilities' ability to find and fix outages and upgrade New York City's gasoline supply capacity.

MTA employees use a pump train to get seawater out of the L train tunnel under the East River, in New York, Nov. 5, 2012.

/ AP Photo/MTA, Patrick Cashin

[hypnotoad72]

Better given to NY than given to corporations on Wall Street that have offshored jobs and infrastructure for personal profit at everyone else's expense. And with offshoring, that's hampered our ability to spend money to fix things as well... I've explained in greater detail in the past...

But when will Wall Street offshore itself, anyway?