New York

Buffalo, N.Y. has been upgraded one notch to AA-minus by Fitch Ratings, the highest level New York’s second largest city has achieved since a near bankruptcy brought it close to junk level a decade ago.

The finance committee of New York's MTA approved Loeb & Loeb LLP as outside counsel relating to the Penn Station renovation project.

The opening of New York’s long-delayed $4.5 billion Second Avenue subway line by year’s end is still up in the air, said the MTA’s independent engineer.

While backers tout the benefits of green bond certification, municipal issuers must examine whether it's the best fit. Concerns include costs, procedural burdens and redundancies.

The Housing Partnership Development Corp. has received an excellence award from the New York Association for Affordable Housing.

Ram Raju will resign as the head of New York City’s embattled Health + Hospitals unit, effective Nov. 30.

TSASC Inc. has scheduled a $1 billion sale of tobacco settlement bonds on Nov. 16 after a one-day retail period.

Hofstra University received a one notch upgrade to A2 by Moody’s Investors Service.

New York State's tax collections dipped $1.3 billion in the first half of the 2016 fiscal year that began April 1, according to State Comptroller Thomas DiNapoli.

New York’s Westchester County announced a public-private partnership for its municipal airport in White Plains, N.Y. designed to direct airport revenue to the county budget.