LONG BEACH, N.Y. (AP) – The Long Island city of Long Beach was hit hard by Superstorm Sandy. Now families at the city’s five elementary schools are getting $1,000 each in storm relief from the financial services firm Cantor Fitzgerald.
Cantor Fitzgerald CEO Howard Lutnick announced in January that the firm would give a total of $10 million to families in 19 schools affected by Sandy.
As part of the effort, Lutnick and other Cantor officials were in Long Beach on Friday to distribute $1,000 debit cards to 1,350 families there.
Cantor Fitzgerald lost 658 employees when the World Trade Center was attacked on Sept. 11, 2001.
The firm set up a relief fund to help the surviving families of its employees. The fund now supports others in need.
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