The following excerpt is from an article by Seth Berkman published in the January 2, 2012 Jewish Daily Forward.

Ellis Island, the historic point of arrival in the United States for more than 12 million European immigrants, has been closed since Hurricane Sandy hit New York Harbor on October 29, and the damage to its museum and other landmark structures will cost millions in repair expenses and lost income.

The National Park Service, which manages the Statue of Liberty National Monument, of which Ellis Island is a part, estimates that the damage to Ellis and Liberty Islands from Sandy will cost $59 million to repair.
Meanwhile, the Islands lose income with each day they are closed.

“We’re missing major revenue streams,” said Peg Zitko, vice president of public relations for the The Statue of Liberty-Ellis Island Foundation, a private not-for-profit group that helps support the national monument.

Read the full article.