New York

Unbalanced contracts, layers of bureaucracy and weak contract management make New York transit projects expensive and time-consuming, according to Scott Rechler.

Andrew Kim is a veteran Goldman Sachs energy investment banker.

Three straight years of budget surpluses led S&P Global Ratings to upgrade the Nassau County town of 766,000.

The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.

The New York governor announced a $150 billion infrastructure plan for the next five years.

A conservative budgeting approach in the wake of severe fiscal distress led S&P Global Ratings to revise its outlook to positive.

State officials say the new funds will increase the local share of funding for Gateway and improve the project's chances of getting federal funds.

The consent decree that New York City has signed with federal prosecutors over problems at the Housing Authority will not have a negative impact on the $89.15 billion Fiscal 2019 budget.

Navnoor Kang, a former director at the New York State Common Retirement Fund, wants home confinement rather than prison.

Mayor Bill de Blasio and the City Council face a raft of uncertainties about their third straight early budget.