Michelle Kaske

New York's Metropolitan Transportation Authority Thursday announced that it plans to sell three buildings on Madison Avenue in midtown Manhattan to raise about $150 million.

Clifton Gunderson LLP will help Harrisburg with its overdue 2009 audit and its 2010 audit.

Pennsylvania Gov. Tom Corbett last week appointed Ann Dugan to serve on the board of the Intergovernmental Cooperation Authority, which oversees Pittsburgh's budget and fiscal issues.

Electronic giant Panasonic Corp. will move its headquarters to Newark from Secaucus with the help of $102.4 million of tax breaks from the state.

Standard & Poor's last week revised its outlook to positive from stable for AHS Hospital Corp., which operates three facilities in northeastern New Jersey. The rating is A.

New York City is looking for financial, pricing, and swap advisory services to assist it and its issuers as they plan to sell $29 billion of new-money bonds from fiscal 2012 through 2015.

The Delaware River and Bay Authority could raise Delaware Memorial Bridge tolls by $1 on July 1 to help finance nearly $200 million of capital needs during the next five years.

While revenues have improved this year, states still face combined deficits of more than $86 billion for fiscal 2012, according to the National Conference of State Legislatures.

A new mixed-use development adjacent to Manhattan will provide up to 5,000 new housing units for New York City, with tax-exempt bonds helping to finance the first phase of the project.

Harrisburg last week received four responses to its request for proposals to assist in compiling its long-awaited 2009 audit, as well as its 2010 audit.

New York State Comptroller Thomas DiNapoli last week announced his initiative to restrict cities and towns from using local development agencies for non-economic development purposes.

Preliminary data shows that New York City’s business innovation grew by 14% in the past eight years.

New Jersey Gov. Chris Christie last week signed into law two bipartisan bills to help boost the state’s struggling horse-racing industry.

While new-issue volume in the municipal market has plunged dramatically in 2011, New York City has not shied away from issuing debt.

As New Jersey gears up for a $600 million Transportation Trust Fund Authority bond issue set to price in early May, it faces a municipal market looking to draw investors back into the fold.

Puerto Rico Gov. Luis Fortuño Tuesday evening released a $9.26 billion budget proposal for fiscal 2012 that will use $285 million of sales tax borrowing to help close a $610 million ­deficit.

The New Jersey Transportation Trust Fund Authority Tuesday is expected to approve the sale of $600 million of tax-exempt revenue bonds that would price in early May.

Officials Monday pulled a $900 million Liberty bond deal set to price Wednesday, citing market conditions.

SAN JUAN -- Puerto Rico Gov. Luis Fortuño Friday warned that a potential shutdown of the federal government could affect the nation’s economy.

Silverstein Properties Inc. anticipates a mixture of fixed-rate and variable-rate debt will grab lower all-in costs on an upcoming Liberty revenue bond deal to help finance construction of Tower 4 at the World Trade Center.