New Jersey

The action affects about $312 million of debt. The outlook, previously positive, is stable at the new, higher rating.

Passenger counts at the three airports were higher in November than in November 2019, marking the first month they beat a pre-pandemic comparison.

"I'm thrilled to have that opportunity to join the team," Patrick McCoy says. "It's a very important project with regional implications. To be part of that team is going to be very exciting."

The trustee for $800 million of PILOT bonds for the New Jersey shopping complex said the mall's owners were $2.6 million short for a Dec. 1 payment.

The Port Authority of New York and New Jersey expects its bottom line to return to pre-pandemic levels in fiscal year 2023, according to its recently announced budget.

The agreement has the potential to ease pressure on $1.7 billion of separate tax-exempt bond debt taken on to finance the massive mall and entertainment venue.

More than two years after COVID derailed three JFK Airport's high-profile terminal deals, the final project is now on track for groundbreaking early next year.

Proceeds are destined for improvement projects across the 290 miles of roadway that make up the New Jersey Turnpike and Garden State Parkway. 

The $53 billion Army Corps of Engineers plan is the largest of hundreds of coastal protection projects launched since Superstorm Sandy swamped the area in 2012.

The announcement from Gov. Phil Murphy follows mounting concerns among local representatives about he safety and reliability of the city's water infrastructure.