Cinderblock foundations stand amidst the smoldering ruins of a house in the Breezy Point section of New York, Tuesday, Oct. 30, 2012. More than 50 homes were destroyed in a fire which swept through the oceanfront community during superstorm Sandy. (AP Photo/Mark Lennihan)
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.