New York

New York's MTA is pouring its capital into projects that don't reflect population growth, says a Manhattan Institute report.

Rising debt, legacy costs and challenges from Washington all pose challenges for the New York mayor after winning re-election.

Although New York's Metropolitan Transportation Authority has invested more than $120 billion in capital improvements since 1982, the pace of investment has not kept up with the need.

The elimination of private activity bonds “would throw gasoline on a housing shortage," said John Chiang, California's treasurer.

Mayor Bill de Blasio's advisors worry about the effect of eliminating advance refundings and private activity bonds.

Anthony Felice, Daniel Boyle, and John Martinko, all service-disabled veterans, will take over the day-to-day leadership of the company.

Voters brought change to both the Atlantic City and New Jersey governments in Tuesday's election.

Democrat Scott Stringer earned a second term by trouncing Republican Michel Faulkner.

Bill de Blasio won a second term as New York City mayor after a boisterous four-way bout that ended as many had expected — in a landslide victory.

The negative fund balance once totaled $138 million.

Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.

Nine states, including Texas and Virginia, received the lowest D-minus grade from the Volcker Alliance for handling retirement costs.

The state faces a budget deficit, lower-than-expected tax revenues and federal funding cuts.

Funding shortfalls, delayed expansion projects, and gridlock threaten the viability of the Amazon bids, according to the Tri-State Transportation Campaign.

This marks the 37^th straight year the city is in the black, said the city's comptroller.

The Northeast Women in Public Finance will present this year's Freda Johnson Award for Trailblazing Women in Public Finance to Carole Brown and Julie Morrone at The Bond Buyer's Deal of the Year ceremony on Dec. 6 in New York City.

Plans call for a $354 million pipe upgrade at the Bay Park Sewage Treatment Plant in East Rockaway.

Wall Street profits were up 33% from the year-earlier period, according to New York's state comptroller.

The $145 million initiative is intended to fortify the Rockaway Peninsula.

County lawmakers' proposal to remove $60 million in fee increases might run afoul of a New York State fiscal monitoring board.