Bloomberg to Propose Spending Billions to Reduce Storm Risk

Almost eight months after Hurricane Sandy flooded New York’s subways, destroyed homes and blacked out half of Manhattan, Mayor Michael Bloomberg will propose spending billions of dollars to mitigate storm risk along the city’s more than 500 miles of coastline.

Mindful of environmental scientists’ predictions that sea levels around the city may rise 12 to 55 inches by 2080, the mayor tomorrow will unveil a capital spending plan to mitigate the dangers, his office said.