INTRODUCTION
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This research seeks to provide a forecast of the types of losses
that the New York area could suffer after an earthquake.
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Risk is typically defined by 3 components:
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a hazard (the earthquake)
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the assets involved (our focus is the building stock), and
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the fragility of those assets.
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There is a low probability of recurrence of earthquakes; HOWEVER, the
NYC area is high risk because of:
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portfolio concentration, and
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the fragility of that portfolio
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most structures are not seismically designed like those on the
West Coast
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the 1st seismic code was just passed in 1995
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Scenarios were performed using the HAZUS (or Hazards US)
modeling GIS code
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Essential/Critical Facilities Studied
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