New York

Education is potentially the most important public service to suffer from the $1.7 trillion pension funding crisis, said a Manhattan Institute report.

The credit quality of New York State’s local governments and school districts has stayed stable the last eight years, as rising real estate values made up for a slow economic recovery and increased pension costs, according to S&P Global Ratings.

New York Gov. Andrew Cuomo is pushing for automatic tolling at Metropolitan Transportation Authority-operated bridges and tunnels in hopes of echoing other states that have eased traffic congestion through similar strategies.

A proposed $3 billion budget for New York's Nassau County contains nearly $115 million in risky revenue assumptions that could create a "sizable" deficit, according to county comptroller George Maragos.

The planned shutdown of the L subway line through Brooklyn has spawned widespread calls in New York to spend capital dollars on alternative transportation.

New York State is planning $3.46 billion of fourth quarter municipal bond issuance, led by a transaction by Empire State Development Corp. .

The Port Authority of New York and New Jersey is plotting a return to its transportation roots, though unraveling its real estate tangle may be difficult.

New York City and Connecticut officials became the latest to take aim at Wells Fargo as the bank's fake-accounts scandal resonates through the municipal bond world.

The board of New York's MTA approved its new rotation of bond underwriters while holding off on the application of Wells Fargo Securities.

A long-awaited overhaul of New York’s Pennsylvania Station is now full steam ahead, according to Gov. Andrew Cuomo, who touted sweeping plans Tuesday to create a new “world-class” transportation hub.