Paul Burton is the Northeast Regional Editor for The Bond Buyer. His major coverage has included New York City and MTA finances; the Harrisburg, Pa., debt crisis; the 38 Studios bond financing fiasco in Rhode Island; and unfunded pension liability. Paul hosts podcasts and videos and has moderated at Bond Buyer conferences. Previously, Paul was senior editor and copy chief at M&A-oriented financial media company The Deal LLC. His award-winning career has spanned financial, sports and political journalism. A Boston native, Paul is the author of the book “Tales from the Newsrooms.” He is a frequent public speaker and has appeared as an expert on municipal debt on radio and television shows, including former CBS News White House correspondent Sharyl Attkisson’s public-affairs program, “Full Measure.”
-
Unhedged and hedged variable-rate debt each account for 6% of the authority's $37.3 billion of bonds outstanding, according to Patrick McCoy.
April 25 -
His signature projects include financings for Yankee Stadium, Barclays Center and LaGuardia Airport. He is also a former New York MTA board member.
April 24 -
Components of the MTA's bus-overhaul initiative could pave the way for congestion pricing, which New York's state legislature essentially sidestepped this year.
April 24 -
The Connecticut Housing Finance Authority expects to finance 695 mortgages for first-time home buyers through its planned $118 million issuance of fixed-rate bonds.
April 23 -
With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.
April 23 -
The new site is designed to drive investment in the Massachusetts capital.
April 20 -
The commonwealth plans a competitive sale for the $500 million in fixed-rate, tax-exempt new-money general obligation bonds.
April 20 -
Alternative funding strategies, collaborations and resiliency awareness were the buzzwords at an S&P housing conference in New York.
April 17 -
Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.
April 17 -
The rating actions came after the state agreed to assume the city's GO debt.
April 16 -
The bonds will finance projects in the UConn 2000 Infrastructure Improvement Program, a $4.6 billion, 32-year initiative.
April 13 -
The New York City Housing Authority's challenges include a roughly $20 billion capital-needs backlog, federal aid cutbacks, state intervention and a worsening public perception.
April 11 -
The competitive issuance will include roughly $35 million of taxable bonds.
April 2 -
Proponents call the move the right medicine for ailing Connecticut, while opponents say the measures are overly restrictive.
March 29 -
Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.
March 29 -
Hartford's council authorized an agreement for the state to pay the city's debt over two decades while accepting state oversight.
March 27 -
The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.
March 23 -
While state lawmakers have approved limited use, notably for the city's housing authority, city officials want to use the method across the board.
March 22 -
Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.
March 22 -
Climate Bonds Initiative of London cited the authority's $662 million green sale.
March 21
