Power restoration in NYC could take three days or more: Bloomberg (photo gallery)
NEW YORK New York City Mayor Michael Bloomberg says the death toll in the city from the huge storm is up to 10.
He also says it could be three days or more before power is restored to hundreds of thousands of people now in the dark. He is giving no estimate on when public transit would be running, though he expects some buses to be running later Tuesday.
The megastorm Sandy caused 13-foot storm surges in Manhattan. Trees also fell throughout the area.
New York City is starting to clean up after the storm hit late Monday into Tuesday causing flooding, high winds and major power outages.
Phone, cable assessment
Phone and cable companies are still assessing the damage in the storm-hit areas of the East Coast amid widespread reports of phone outages in flooded areas.
Cablevision, which serves parts of Long Island, New York City and New Jersey, says it’s experiencing widespread outages due to the loss of power. Verizon Communications, the biggest phone company in the region, says some facilities in downtown Manhattan are flooded, shutting down phone and Internet service. The company doesn’t yet know the extent of outages in New Jersey, which bore the brunt of the storm.
AT&T says there are “issues” in hard-hit areas, and it’s in the early stages of checking for damage and restoring service.
Stock exchange plans tested
With lower Manhattan still largely without power Tuesday, U.S. stock exchanges tested contingency plans to ensure trading resumes as soon as possible this week after Hurricane Sandy smashed into the East Coast and shut down operations.
U.S. markets will be closed for a second day, but the New York Stock Exchange said that despite reports that its historic trading floor suffered irreparable damage, no such damage has occurred.
Sections of Manhattan were inundated with water and power was shut off to thousands of people and businesses Monday night.
Futures trading closed at 9:15 a.m. Eastern Tuesday, though volume was very light.
Dow Jones industrial futures rose 8 points to 13,062. The broader S&P futures added 3.5 points to 1,411.10. Nasdaq futures slipped 3.75 points to 2,655.25.