New York

New York traders on Monday were looking over the retail pricing of the big NYC Transitional Finance Authority negotiated deal. Muni finished unchanged in quiet trading as Passover kept price action muted.

New York lawmakers finalized a new $163 billion budget over the weekend that includes additional funding for water infrastructure enhancements through capital bonding.

In the face of continuing uncertainty surrounding federal polices regarding states and cities, the New York City Council this week urged Mayor Bill de Blasio to build up the city’s reserves.

The termination of a casino revenue-sharing agreement with the Seneca Nation of Indians is a credit negative for Niagara Falls, according to Moody’s Investors Service.

Katten Muchin Rosenman LLP has hired five lead public finance attorneys from Winston & Strawn LLP, expanding Katten’s New York public finance group.

Buffalo, N.Y. received an improved credit outlook from two rating agencies ahead of a planned bond sale to address capital improvements.

New York’s first late budget in seven years will not impact the state’s owed bond payments, according to Moody’s Investors Service.

"New York City purchasing managers reported strong optimism in addition to a faster pace of activity in March," the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.

The New York City Transitional Finance Authority is planning to $1.1 billion of future tax secured subordinate bonds next week, the TFA announced on Monday.

The board of New York’s MTA approved contracts aimed at speeding the rebuilding of the L subway line’s Canarsie tunnel by three months, to 15 months.