New Jersey

The cost of replacing the airport's train system has blown past its budget by $1.45 billion to $3.5 billion.

Enright's passion for infrastructure and complicated deals led him to the cutting edge of municipal financing strategies.

With all but one grant secured and construction underway, Pat McCoy reflected on Gateway's journey so far at a Municipal Analysts Group of New York event.

Philadelphia, New Jersey and the 76ers could all spend billions of dollars. Opponents argue no one will be getting a good deal.

New Jersey is poised to sell up to $2.4 billion of bonds for its transportation infrastructure, according to a report from Fitch Ratings. 

Moody's sees strength in New Jersey's economy and governance. 

One-time spending, rainy-day funds and fare hikes are forming a rickety bridge for crossing the transit funding ravine.

Work is expected to be completed in 2038 and ultimately provide four rail tunnels for Amtrak and NJ Transit trains between New York and New Jersey.

Rider University, a small private college outside of Trenton, New Jersey, is trying to raise additional funds to help an ongoing liquidity crunch. 

In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.

The $684 million turnpike deal is one of a spate of recent forward delivery deals driven by interest rate uncertainties. 

The troubled American Dream mall in New Jersey's Meadowlands benefited from a wider growth in consumer shopping demand.

Peter Shapiro, founder of Swap Financial Group and a former New Jersey legislator and county executive, died at his home in East Orange on March 29 after a long illness. He was 71.

Rating agency cited built up reserves as a key to the city's "better financial footing."

The legislation gives up to $8.84 billion in bonding authority to the New Jersey Transportation Trust Fund Authority over a five-year period beginning July 1, about $1.76 billion annually.

A new tax on corporations would create a dedicated revenue stream for commuter rail and bus operator NJ Transit under New Jersey Gov. Phil Murphy's budget plan.

Mr. McManimon worked extensively in analyzing, developing and implementing financial plans for redevelopment areas throughout New Jersey.

The trend toward paying down debt, as opposed to tender offers or refundings, to save money cuts across Red state/Blue state lines. New Jersey retired $500 million of debt to produce $160 million of savings.

Mr. Laverty spent most of his life living and working in New York City as a municipal bond underwriter for several Wall Street firms.

Gov. Phil Murphy signed a bill amending the state's Local Bond Law to extend the period of usefulness of new emergency equipment from 10 years to 20 years.