New York

The performance of New York City's five public pension plans was positive in the second quarter, the chief investment officer of the funds told trustees at Monday's common investment meeting held at the Dinkins Municipal Building in Manhattan.

New York MTA intends to market five subseries of floating rate securities totaling $242 million and also refund $500 million of transportation revenue bonds in October.

New York MTA has put business with Wells Fargo Securities and approval as a senior manager for bond transactions on hold pending its review of the bank’s practices, following revelations that Wells Fargo bank employees secretly created accounts without clients’ approval

The Port Authority of New York and New Jersey will issue bonds to finance its share of a planned $3 billion overhaul of Manhattan’s Penn Station.

The New York City Housing Development Corp. board approved the appointment of Eric Enderlin as president.

A $1 billion economic development initiative in Buffalo, N.Y. is at the center of a corruption scheme that federal prosecutors say resulted in hundreds of millions of dollars being awarded for New York State contracts.

New York City Comptroller Scott Stringer proposes tripling the city's earned-income tax credit contribution from 5% to 15% the federal tax credit.

New York Gov. Andrew Cuomo announced capital investments to improve two key stations on the Long Island Rail Road's 40-mile spine between Jamaica and Ronkonkoma.

New York City gets mixed grades when it comes to implementing priority initiatives, according to a report released on Tuesday by the Citizens Budget Commission.

The Port Authority of New York and New Jersey and elected officials from both states have agreed to a new expanded planning process for a new Manhattan bus terminal.