NYC’s Bloomberg Says Con Ed to Invest $250 Million to Harden Grid & Other Utilities

At a Dec. 6 press conference, New York Mayor Michael Bloomberg offered an update on the city’s plans to renovate its infrastructure to withstand future storms. Two big players in the restoration efforts will be Verizon, which saw 95% of its telecom network with copper wiring go down in lower Manhattan because of Superstorm Sandy, and ConEd, which had been working to improve its electrical grid before the storm and plans to make a major investment in it in the near future.

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