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UDR Guides Total Damage on Sandy $28-32M, Had Seen $11-14M

Courtesy of Benzinga.

UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, today announced an update regarding the impact of Hurricane Sandy on its lower Manhattan communities, 10 Hanover Square, 95 Wall and Rivergate.

10 Hanover Square and Rivergate are operational and have been re-occupied with limited services. The Company expects that 95 Wall will be operational and re-occupied by Friday, November 16, 2012.

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