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New York’s Metropolitan Transportation Authority approved bridge and tunnel toll hikes that will yield an additional 7.5% of revenue at its monthly board meeting Wednesday.
By Ted PhillipsOctober 27 -
The Dormitory Authority of the State of New York gave both preliminary and final approvals Wednesday to up to $1.4 billion of bonds for education, higher education, and health care projects at a board meeting in Albany.
By Ted PhillipsOctober 27 - New York
The New York City Transitional Finance Authority plans to market $750 million of triple-A rated subordinate-lien bonds this week, right on the heels of a $1.23 billion general obligation deal from the city earlier this month.
By Ted PhillipsOctober 24 -
New York State should contribute 20% of the Metropolitan Transportation Authority’s capital program, a policy think tank and an advocacy group said in a report last week.
By Ted PhillipsOctober 24 -
Housing developer AvalonBay Communities Inc. and partners will pay $2.2 million to settle a two-year-old discrimination case brought by the U.S. Justice Department regarding a bond-financed multifamily project in New York City.
By Ted PhillipsOctober 20 -
A Rhode Island judge Monday upheld the constitutionality of the law allowing the state to appoint a receiver to take over the finances of troubled Central Falls.
By Ted PhillipsOctober 18 -
New York’s Metropolitan Transportation Authority plans to competitively price $347 million of Triborough Bridge and Tunnel Authority bonds Wednesday.
By Ted PhillipsOctober 15 -
Commuter rail service between Boston and Providence will extend south to Warwick, R.I., this year, Rhode Island Gov. Donald Carcieri announced last week.
By Ted PhillipsOctober 15 -
The New York City Health and Hospitals Corp. said it will use all tax-exempt bonds in its $513.8 million deal pricing this week instead of including a portion of Build America Bonds.
By Ted PhillipsOctober 15 -
The Port Authority of New York and New Jersey plans to sell $850 million of traditional taxable bonds next week to finance construction at the World Trade Center site.
By Ted PhillipsOctober 14 -
The New York City Health and Hospitals Corp. plans next week to market its first new-money bonds in seven years. The corporation plans to sell up to $225 million of taxable Build America Bonds and up to $500 million of tax-exempt refunding bonds Tuesday, following a one-day retail order period Monday.
By Ted PhillipsOctober 12 -
The New Jersey Transportation Trust Fund Authority plans to market $1.4 billion of bonds this week to finance various capital projects.
By Ted PhillipsOctober 8 -
New Jersey Gov. Chris Christie on Friday afternoon said he would reconsider killing a multibillion tunnel project after meeting with U.S. Transportation Secretary Ray LaHood.
By Ted PhillipsOctober 8 -
The Metropolitan Transportation Authority at a special board meeting on Thursday approved fare hikes expected to yield an additional 7.5% in revenue.
By Ted PhillipsOctober 7 - New York
New York City set a record for international orders on its $1.23 billion general obligation deal that priced on Thursday. Foreign buyers placed orders for $123.1 million of taxable Build America Bonds, Comptroller John Liu reported.
By Ted PhillipsOctober 7 -
New Jersey Gov. Chris Christie terminated an $8.7 billion passenger-rail tunnel project Thursday that would have doubled NJTransit rail capacity between New York City and northern New Jersey and created at least 6,000 construction jobs.
By Ted PhillipsOctober 7 -
Former New York Comptroller Alan Hevesi pleaded guilty to a felony on Thursday in a pay-to-play kickback scheme. Hevesi admitted to accepting nearly $1 million in benefits in exchange for approving $250 million of pension fund investments.
By Ted PhillipsOctober 7 -
NEW YORK - New Jersey Gov. Chris Christie terminated an $8.7 billion passenger-rail tunnel project Thursday that would have doubled NJTransit rail capacity between New York City and northern New Jersey and created at least 6,000 construction jobs.
By Ted PhillipsOctober 7 -
Westchester County Executive Robert Astorino wants to join a lawsuit challenging the legality of a tax enacted last year to help fund mass transit capital projects in the New York City area, he announced Wednesday.
By Ted PhillipsOctober 6 - New York
The New York Liberty Development Corp. plans to re-offer bonds sold last year to finance development at the World Trade Center site and “re-escrow” the proceeds for at least a month.
By Ted PhillipsOctober 6
