New York

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.

The authority realized $534 million in present-value savings from those transactions in 2017, said finance director Patrick McCoy.

Key variables include how Gov. Andrew Cuomo and the MTA would use the roughly $1 billion projected for mass transit, New York City's role and how Albany would tweak the measure.

Increased use of battery storage may further disrupt a public power industry already in transition, experts told municipal bond professionals.

A wave of U.S. catastrophes has northeast municipal issuers scrutinizing resiliency options and how to fund them.

The New York City Economic Development Corp. has named Eric Clement to be senior vice president and head of its strategic investments group.

New York's governor unveiled a $168 billion spending proposal for the 2019 fiscal year during his annual budget address.

The City Council unanimously to extend the deadline for the filing of the mayor’s preliminary Fiscal 2019 budget by two weeks to Feb. 1 as city officials digested state budget plans announced Tuesday.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.