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1030 superstorm 88

Crews assess the damage to a downed awning along Water Street in Elmira N.Y., Tuesday, Oct. 30, 2012. Hundreds of thousands of upstate New York residents were without power Tuesday after superstorm Sandy's high winds knocked down trees and utility lines, forced schools and local government offices to shut down. (AP Photos/Heather Ainsworth)

Gallery: More photos from Superstorm Sandy

Oct. 30, 2012 @ 04:35 PM

Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.