Superstorm Sandy Causes Crane Collapse in NYC

High winds left thousands of pounds of metal dangling precariously off a luxury apartment building.
3:00 | 10/30/12

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Transcript for Superstorm Sandy Causes Crane Collapse in NYC
We told you about the crane high over midtown, monday. As sandy began to roar through the streets. We're going to look at the latest here. Nearly 80 stories above storm-ravaged manhattan. Dangling precariously in hurricane-force winds. The arm of this 1,000 foot-high steel crane, into a back flip monday afternoon. The boom is moving back and forth and sideways. And that will stress the boom. And it will weaken it. Reporter: As sandy gains strength, gusts on the ground, clocked at 40 miles per hour. But those speeds can double near towering top floors. Turning this crane into a powerful projectile. Get on the sidewalks. Reporter: Taking no chances, police evacuated the seven surrounding blocks. Within the posh perimeter, a luxury hotel, where the austin family was among hundreds asked to walk to new accommodations. They're expecting us to walk ten blocks in a hurricane in the pouring rain with two young children. And the luggage. Reporter: This morning, that crane is still threatening businesses and homes. It will cost millions upon millions of dollars in damage.

This transcript has been automatically generated and may not be 100% accurate.

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