New Jersey

Newark, N.J. Mayor Ras Baraka is calling for the power to establish new taxes for users of the city's airport and seaport as way to raise additional revenue.

Seven financially-strapped New Jersey municipalities were placed on review for a possible downgrade on March 13 by Moody's Investors Service citing a heightened risk of state aid cuts.

New Jersey and Pennsylvania’s public pension systems were the nation’s most underfunded from 2001 to 2013, according to the National Association of State Retirement Administrators.

A New Jersey solar energy project that was envisioned as a national model for public-private partnerships has been clouded with legal woes, but recent settlements could bring it back into the sunlight.

A Feb. 24 proposal from New Jersey Pension and Health Benefit Study Commission provides a "roadmap" to address high costs associated with the state's retiree benefit programs, according to Build America Mutual.

A Feb. 23 New Jersey State Superior Court ruling saying pension contributions are contractually protected is a credit negative for the Garden State since it adds a further obstacle to cutting future employee benefits that will further pressure budgets, according to Moody's Investors Service.

New Jersey Gov. Chris Christie and the state's teacher's union have agreed to a "roadmap to reform" to begin solving the state’s pension challenges, the governor announced

A New Jersey state judge ruled against Gov. Chris Christie's efforts to curb pension payments just a day before he is scheduled to release his new budget proposal.

Newark, N.J. is selling 100 municipally-owned vacant lots to couples for $1,000 apiece on Valentine's Day in an effort to fuel development in some of the city's blighted neighborhoods.

Atlantic City, N.J.'s ability to refinance its maturing $12.8 million bond anticipation notes through an expensive short-term loan demonstrates "limited market access", according to Moody's Investors Service.

The appointment of an emergency manager for Atlantic City has led many to question whether the city is heading for bankruptcy, which would mark long uncharted territory for the Garden State.

The calendar and a stronger sense of storm preparedness will help soften the blow of this winter's first major Northeast blizzard, capital markets observers said Tuesday.

Standard & Poor's dropped Atlantic City, N.J. to a junk-bond rating with a four-notch downgrade and placed the rating on credit watch with negative implications.

The Jan. 22 executive order signed by New Jersey Gov. Chris Christie to appoint an emergency management team to oversee Atlantic City's finances is a credit negative for other struggling Garden State municipalities, according to Moody's Investors Service.

The Port Authority of New York and New Jersey has selected global commercial real estate services firm Cushman and Wakefield to serve as the exclusive retail agent for its Manhattan bus terminal.

The arrival of an emergency manager in Atlantic City, N.J. triggered a six-notch downgrade by Moody's Investors Service Friday, drawing criticism from the city's top financial official.

New Jersey Gov. Chris Christie put his state government in control of struggling Atlantic City Thursday, hiring an emergency manager and naming a key figure in Detroit's bankruptcy case as a consultant.

The pension lawsuit brought against New Jersey Gov. Chris Christie last year is now in the hands of a judge following a five-hour hearing on Jan. 15.

New Jersey Assembly Speaker Vincent Prieto and Senate President Steve Sweeney announced on Jan. 14 that the Port Authority is tabling plans to eliminate overnight PATH train service.

A lawsuit brought against New Jersey Gov. Chris Christie over lack of payments to the state's pension system is headed to a key court date.