NJ's damage from Sandy nearly $37 billion

Gov. Chris Christie says Hurricane Sandy caused $36.8 billion in damage in the Garden State.

Gov. Chris Christie says Hurricane Sandy caused $36.8

Gov. Chris Christie says Hurricane Sandy caused $36.8 billion in damage in the Garden State. (Credit: News 12 New Jersey)

TRENTON - Gov. Chris Christie says Hurricane Sandy caused $36.8 billion in damage in the Garden State.

 
Christie is requesting that amount, which is greater than the state's entire budget, from the federal government. 
 
Christie says more than 30,000 homes or businesses were destroyed or sustained substantial damage. 
 
The governor says the Federal Emergency Management Agency has distributed more than $500 million in aid since the storm and 230,000 New Jerseyans have registered for assistance.
 
The governor’s office also announced a second round of price gouging lawsuits against 10 businesses accused of illegally overcharging consumers during the storm.
 
The governor also named Marc Ferzan, a former colleague at the U.S. attorney's office, to spearhead the state's storm recovery and rebuilding efforts.
 
The suits include seven hotels, collectively accused of committing more than 1,000 instances of price gouging, the governor’s office said.
 
Three gas stations, including one that allegedly raised the price of regular gasoline to $4.50 per gallon, were also charged. 

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