Proceeds From Storm Relief Concert Go to N.J., N.Y., Conn.

December 21, 2012Email ThisPrintNewslettersTweetArticleComments

The Robin Hood Foundation says it is beginning to distribute $50 million in proceeds from last week’s benefit concert to organizations helping victims of Superstorm Sandy.

Madison Square Garden spokeswoman Michelle Isaacs said Wednesday the money was raised through ticket sales, merchandising and charitable auctions at the Dec. 12 show, which featured Paul McCartney, Bruce Springsteen and the Rolling Stones. More revenue is expected to come in.

Robin Hood says it is distributing roughly 40 percent of the money to organizations based in New Jersey, with the rest in New York and Connecticut.

The devastating storm tore into the New York metropolitan region on Oct. 29.

 

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Conn. Senate Passes Anti-Price-Gouging Bill to Help Homeowners

April 26, 2012Email ThisPrintNewslettersTweetArticle1 Comments

The Connecticut Senate has voted to expand consumer protections from price gouging during major storms, such as the freak October snow storm that hit the state last year.

Senators voted 33-to-3 Wednesday in favor of the bill, which prohibits “unconscionably excessive” prices for storm-related services, such as snow removal, flood abatement services, lodging and post-storm cleanup and repair services.

The bill also states that certain goods cannot be sold at unconscionably high prices. The provisions would take effect after the governor declares there is a severe weather event.

Sen. Kevin Witkos said he saw unscrupulous people taking advantage of homeowners during the heavy snow storms of 2010 and 2011, advertising roof clearing for prices that jumped from $800 to $2,000. The bill now moves to the House for further action.

 

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