New York

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.

The relative rarity of the credit was compounded by their source of funds, the deal's size, and bond ratings slightly lower than New York state and city. 

Municipal issuers in the Northeast sold $72.25 billion of bonds in the first half of 2025, up 14.7% year-over-year, propelled by new money and GO deals.

The rating agency cited the MTA's congestion pricing program, ridership recovery, healthy liquidity levels, and continued state support for the higher rating.

An investor presentation highlights industry conferences and consulting services that "have made the CIA the 'think tank' of the food service industry."

The cuts to Medicaid enacted by Republicans in Washington have such enormous negative ramifications for New York State's hospitals, government and patients.

A group of local residents in upstate New York is planning to buy the shuttered Cazenovia College campus for $9.5 million.

A two-year process and a new financing vehicle were needed for the New York Power Authority to price the first prepay energy deal in the state.