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The document details how Hurricane Sandy and rising sea levels caused extensive damage to the Statue of Liberty and Ellis Island in 2012, resulting in an estimated $77 million in losses and significant economic disruption to tourism. It explains that sea levels in the New York area have risen by over 1.5 feet since the 1850s, exacerbating storm surges. In response, the National Park Service is implementing resilience measures, such as elevating electrical systems up to 20 feet, as part of a broader effort to manage climate change risks for coastal properties.