By New York City is not thought of as a tremor hot spot, but the five boroughs are riddled with fault lines that could bring dozens of buildings down.Because the city of 8.5 million people is so dense and littered with thousands of tall buildings, even a 5.0 magnitude earthquake nearby would cause such damage.The city also statistically gets a 6.0 about every 670 years, and a 7.0 about every 3,400 years, both of which would do massive damage.Nearby bigger faults in other states could also have their own earthquakes that could radiate shocks into New York through its faults.The biggest danger is the thousands of older buildings not subject to stringent anti-earthquake codes from 1995 onwards.Even a moderate quake would shake them enough to dislodge bricks and masonry, littering the streets and preventing emergency services from bringing help.A 5.0 or higher could see many of those buildings come down like a They were built well before earthquakes were considered in buildings, and no longer sit snugly against the earth around them.A sudden tremor could cause disaster if a train was rattled around inside, or if the tunnel sprung a leak under the strain.As New York is so big, mitigating the dangers and potential economic losses is very difficult and the full cost won’t be known until an earthquake arrives.New York’s last earthquake was on October 27, 2001, on the 125th Street Fault, but didn’t do any damage.

Earthquakes in or near New York State, USA. It extends through Orleans, Genesee, Wyoming, and into Allegany counties and is responsible for much of the seismic activity in the region. The largest earthquake on record for New York occurred on 04/20/2002, with a depth of 11.0 miles and a magnitude of … There will be one put on the ballot in November for the governor's [$800 million] jobs bond act.The use of appropriated debt is largely the result of the voter rejection of GO debt. Why do state bonds trade so well?A: They don't trade well compared to years ago.

The map shows the Percent Peak Ground Acceleration (%PGA) values for New York State with a 10% chance of being exceeded over 50 years.

Rather, he places equal responsibility on the governor's office and the Legislature for not living within the state's means, and at the same time, sacrificing the holders of New York State bonds to the state's operating needs.Q: What is the biggest issue facing New York State's credit rating?A: The most significant issue from a credit standpoint is that the state needs to develop some fiscal consistency. Basically, the money cannot be used for anything but to pay down the LGAC debt. The fault has been quiet for about 200 years and it is sure that at some point an earthquake is going to occur. In this photograph, a seismograph at the New York State Museum in Albany, N.Y. shows an earthquake that shook northern New York early Thursday morning, April 20, 2000. The credit markets basically want to see more fiscal prudence on the part of the state government.Q: If there is a crisis in confidence, why does the state have no problem selling its debt? The Ramapo Fault, which marks the western boundary of the Newark rift basin, has been argued to be a major seismically active feature of this region, but it is difficult to discern the extent to which the Ramapo fault (or any other specific mapped fault in the area) might be any more of a source of future earthquakes than any other parts of the region. However, since the rules of the game are not well understood in this area, it is hard to forecast the hazard. Earthquake Information for New York. As a result, there is demand for New York paper.

By More recently, the The New York City area is part of the geologically complex structure of the northern Earthquake rates in the northeastern United States are about 50 to 200 times lower than in There is insufficient evidence to demonstrate unequivocally any strong correlation of earthquakes in the New York City area with specific faults or other geologic structures in this region.

Barstow (1989), Earthquake Activity in the Greater New York City Area: A Fault Finder's Guide, in Field Trip Guidebook (D. Weiss,Editor), 61st Annual Meeting, New York State Geological Association, 177–204

Toppling chimneys in New York City and felt as far away as Maine and Virginia, the magnitude 5.2 […]Well, we’re all certain the TRIBE has been working on this, secretly detonating Thermite charges in the middle of the night to weaken those faults and bring about DESTRUCTION, the one thing they love almost as much as money. New York has had 200 quakes since the arrival of Western settlers.Always be prepared for the next Big One in your area! You have to keep in mind that New York State's economy is likely to perform worse than the general economy because taxes here are so high.Q: So what advice do you give bondholders looking to judge the credit quality of state bonds if the economy starts to deteriorate?

As a result, it's difficult for the mutual funds to act in concert, although like I've said, I've heard of instances when some funds have come together to discuss these issues.In addition, the mutual funds hold all this debt, and if they squeal too loudly, they will start to drive down the value of their portfolios.Q: Do you think the state's credit trend will limit its access to the credit markets?A: Everybody views New York's access to the capital markets as a necessity.

The map shows earthquakes of magnitude 3 and greater that occurred in this region from 1924 to 2010, along with locations of the larger earthquakes that occurred in 1737, 1783 and 1884.

2014 New York State Hazard Mitigation Plan Earthquake 3.7-3 Final Release Date January 4, 2014 Fault-A fault is a fracture along which the blocks of crust on either side have moved relative to one another parallel to the fracture.

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