What was interesting about this storm was that the lunar eclipse actually played a role in its destructive power. Atlantic storms like this are accompanied by a storm swell that will raise the level of water by several feet. This storm swell is higher than usual if the storm occurs during a full moon, due to the gravitational pull of the moon and the sun on opposite sides of the earth. In the case of a lunar eclipse (which only occurs during a full moon), the storm swell is at its absolute peak, since the sun and moon are not only on opposite sides of the earth, but are exactly opposite each other and therefore generate much more pull against the earth than usual.
In 1992, there was a devastating combination of events that made the storm particularly lethal -- the unusually strong storm and total eclipse of the moon. During high tide the day of the storm, the water level was something like 14 feet above normal in New York harbor.