PETER G. COHEN – As of November, 2012, New York, New Jersey and other states are reeling from the overwhelming property damage done by the storm. At this point we cannot even estimate how many billions of dollars will be required to assist the devastated areas in their rebuilding, or the new and unknown infrastructure needed to reduce the damage of such storms in the future. What we do know is that without very substantial help from the already strained federal budget this highly productive area of the U.S. will be unable to rebuild itself for a long time.