New York

The Dormitory Authority of the State of New York and New York City both saw billion-dollar-plus deals oversubscribed. 

Municipal Market analytics hired Marvis Gutierrez in response to growing demand for the firm's services and plans to keep hiring. 

Transportation Secretary Sean Duffy also defended the administration's funding freeze on major New York transit projects.

The Department of Transportation pulled funds from the Gateway Project and the Second Avenue Subway extension, citing alleged "DEI" violations.

The authority's borrowing apparatus is maintaining a business-as-usual approach it embarks on a massive new capital program and fends off federal cuts.

"We are expecting a lot of interest in the offering next week," said Geoff Urbina, managing director, KeyBanc Capital Markets Public Finance.

The world's biggest opera house has been downgraded for the second time this year.

Metropolitan College plans to sell its Manhattan campus to The City University of New York, providing a reprieve for its bondholders. 

Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.

Proceeds of the sale are expected to fund the purchase of the non-gambling businesses at Genting Group's Resorts World Catskills in Sullivan County.