Not really. There’s damage and power outages from New England to North Carolina and west into West Virginia and Pennsylvania, and it’s not over yet...there’s still the potential for inland flooding in Pennsylvania, upstate New York, and New England on up into Canada as Sandy heads west and then north.
It served up a worst-case scenario for the NYC metro area in that Sandy hit near high tide on a night with a full moon to make the tides even worse. The tide gauge at Battery Park broke the 52-year-old record from Hurricane Donna by almost *four feet*. A lot of the NYC metro area is without power, the subways are flooded, the underground infrastructure is flooded.
This is not a Katrina or an Andrew in terms of massive loss of life or leveling everything in sight. But it is a very large storm that is going to cause a lot of financial damage due to the flooding in densely-populated urban areas, and a lot of disruption.
Not to mention the huge loss of power for millions of people including a million customers without electricity on Long Island alone. That is 80 percent of the customer base.