Boston had a bad winter. An early cold spell, back-to-back Nor'Easters, and water in the streets is how it will be remembered. CNBC's Diana Olick takes a deeper than usual dive into Boston's dilemma.
If last year was any guide, storms are getting increasingly intense, dangerous and destructive.
Sixteen separate weather disasters in 2017 caused more than $300 billion in economic losses, including damage to both commercial and residential real estate, according to the National Oceanic and Atmospheric Administration, or NOAA. That is a new annual record.
This year started with a bang as well. Back-to-back nor'easters slammed into the New England coast. The powerful storms sent water flooding in to Boston's historic Seaport District. It was what city planners had predicted, just not yet.