Finding joy among the wreckage: Family photos returned post-Sandy

Finding joy among the wreckage: Family photos returned post-Sandy
 

"It's devastating. It's just been a devastating process," said Murray with tears in her eyes. "We're just kind of this lost block at the end of Smith Street in Red Hook (Brooklyn). I know all the businesses and all of the residents have been affected, but it seems like there has to be more help."

 

 

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Murray estimates the destruction will put the business $700,000 to $800,000 in debt. She says Liberty had no debt before the storm.

"In 26 years, we'd had not 1 inch of water," she said. "We couldn't afford to have more than the tiny bit of flood insurance that we had, and we didn't think we needed it."

In the days after Sandy, Murray attended community meetings with other business owners hoping to find some assistance from the government or elsewhere. She also collected information from the FEMA website and elsewhere online to determine what assistance might be available for her company. She found government loans with a 6% interest rate. But her bank offered her a $1 million line of credit with a 3.2% interest rate. She opted for that.

Date: 2023-04-10     hits: 486    Return