Paul Burton

Metro Bank filed a nearly $52,000 mortgage foreclosure action against Harrisburg Mayor Linda Thompson in Dauphin County Court, the Harrisburg Patriot-News reported.

The Dormitory Authority of the State of New York approved $531 million in financings for higher education and health care, including $340 million in 23-year, fixed or variable-rate tax-exempt bonds for the Memorial Sloan-Kettering Cancer Center.

The New York City Transitional Finance Authority sold $650 million in new-money building aid revenue bonds last week.

The cancellation of a project to renovate the 70-year-old Brooklyn-Queens Expressway and a connecting portion of the Gowanus Expressway, both part of Interstate 278 in New York City, has prompted calls for a state law allowing public private partnerships.

Fairfield, Conn., opened its third train station, Fairfield Metro, to commuters last week.

While it's unlikely to singlehandedly trigger a rating upgrade, the New York Legislature's approval of Gov. Andrew Cuomo's overhaul of the state income tax code is a step in the right direction, muni market observers say.

The state Senate and Assembly early Thursday passed an overhaul of income tax rates that Gov. Andrew Cuomo recommended.

The Port Authority of New York and New Jersey has posted its $7 billion preliminary budget for fiscal 2012.

The future of the Suffolk Regional Off-Track Betting Corp. in eastern Long Island is in question after a federal judge dismissed its Chapter 9 bankruptcy petition.

Philadelphia plans a $235 million sale of revenue refunding bonds for Philadelphia International Airport on Thursday.

New York Gov. Andrew Cuomo and legislative leaders announced a tentative deal Tuesday on overhauling the state tax code, calling for a tax cut for residents making less than $300,000 annually, and an increase for those earning more than $2 million.

The New York City Transitional Finance Authority this week plans a $650 million sale of new-money building aid revenue bonds.

The Commonwealth Court of Pennsylvania on Friday confirmed attorney David Unkovic as receiver for Harrisburg.

People for the Ethical Treatment of Animals has proposed a deal to place an advertisement on the incinerator that has been the focal point of Harrisburg's financial crisis.

The New York State Liberty Development Corp. on Dec. 1 sold $672 million of Liberty bonds that will help the Port Authority of New York and New Jersey finance the continuing construction of One World Trade Center.

A judge has granted another extension to the Nassau Off-Track Betting Corp. in its prolonged legal fight with New York harness tracks, OTB officials said.

Moody's Investors Service has downgraded the rating of Turnersville-based Kennedy Memorial Hospital University Medical Center to A3 from A2. The outlook remains stable at the lower level, analysts said.

Massachusetts Treasurer Steven Grossman has detailed his process for appointing a member to the new five-member Gaming Commission.

After its Board of Aldermen rejected a proposal for streetcar service, New Haven has resubmitted a plan that would replace its match with regional or state transportation funds.

David Unkovic, whose appointment by Pennsylvania Gov. Tom Corbett as the receiver for Harrisburg has come under fire because of his ties to major creditors in the city's financial crisis, appeared before a Commonwealth Court judge on Thursday as part of his confirmation process.