Updated 5:10 p.m. EST

(Bloomberg) -- Tropical Storm Jose may threaten New YorkCity and other areas of the East Coast by next week, according to aNational HurricaneCenter advisory.

Wednesday approach

The storm, about 640 miles (1,029 kilometers) southeast of CapeHatteras, North Carolina, strengthened into a Category 1 hurricaneas it churned through the Atlantic Ocean. Jose’s path could put itnear New Jersey and New York by Wednesday morning, though it mayweaken to a tropical storm again by then, the center said.

The storm may add to an already devastating 2017 Atlantic hurricane season,coming just after Hurricane Harvey inundated Texas and HurricaneIrma raked Florida’s west coast, leaving dozens of people dead andupending energy and agriculture markets.

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