New York

Parity for New York State transportation investments is a misnomer, according to a report by budget watchdog Citizens Budget Commission.

In the face of local skepticism and open questions about infrastructure funding, streetcar advocates are promoting a 16-mile Brooklyn-Queens link.

New York City’s unemployment rate in January fell to 4.5% in January, the NYC Economic Development Corp. said, the lowest rate since 1976, when the New York State Department of Labor first started keeping track.

Infrastructure needs direct federal funding, not tax breaks for private investments, U.S. Sen. Charles Schumer said in New York.

New York City Independent Budget Office is asking the city to consider using everything from green taxis to red lights to deal with future budget shortfalls.

Citywide Ferry Service has filled the first of 200 jobs for its soon-to-be-launched transportation service, New York City Mayor Bill de Blasio announced on Wednesday.

New York State Comptroller Thomas DiNapoli has identified nine villages across the state as having some level of fiscal stress, down from 18 a year ago.

The Citizens Budget Commission will honor U.S. Sen. Charles Schumer and public finance veteran Felix Rohatyn at its annual dinner.

Cities are 'masters of their own destiny' despite the threat of federal funding cuts, New York Mayor Bill de Blasio said at the City Club of Chicago.

The record-breaking pace of job growth in New York City is slowing and this trend is seen continuing into the future and will affect the city’s budget and finances, Independent Budget Office Director Ronnie Lowenstein and City Comptroller Scott Stringer testified on Thursday.

The Port Authority of New York and New Jersey needs to speed up the slow-moving process to replace its Manhattan bus terminal, transportation experts said after the authority allocated only $3.5 billion toward the $10 billion project.

Upkeep to aging infrastructure is central to New York City’s $89.6 billion, 10-year capital plan, budget chief Dean Fuleihan told City Council members.

S&P Global Ratings said it revised the outlook to negative from stable and affirmed its AA-minus rating on New York State Dormitory Authority's series 2010 revenue bonds and the Dutchess County Local Development Corp.'s series 2013 revenue bonds, issued for Vassar College.

The number of those working in offices in New York City hit a record 1.5 million in 2016, New York State Comptroller Thomas DiNapoli said in a report released Monday.

Nassau County, N.Y.’s decision to speed up a commitment to stop borrowing to pay taxpayer refunds is a credit positive, according to Moody’s Investors Service.

Officials from New York’s MTA have discussed delays to the reconstruction of the No. 1 Cortlandt Street station – destroyed on 9/11 – with contractor Judlau.

The Albany city government could lose important state funding under New York Gov. Andrew Cuomo's proposed fiscal 2018 budget.

Some New York State lawmakers are pushing for a public vote on a proposed $5 billion bond to fund water infrastructure improvements.

New York City Mayor Bill de Blasio signed legislation that assigns the Independent Budget Office to create a report on the $2.8 billion of economic development tax breaks the city awards annually. The mayor also signed legislation that expands the boundaries of the DUMBO Business Improvement District.

Gov. Andrew Cuomo's planned $65 million cut in state aid to New York MTA worries authority board members.