New York

A rare tobacco bond deal out of New York hits the market Thursday when the New York Counties Tobacco Trust VI sells $292.16 million.

The New York City Transitional Finance Authority intends to sell roughly $1 billion of future tax-secured subordinate bonds later this month.

The Juilliard's School's outlook was revised to negative from stable by Moody's Investors Service, which sees risks in with the New York-based performing arts conservatory's global expansion plans.

Debt-ridden Dowling College is shutting its doors at end of Wednesday with more than $54 million of bond debt outstanding.

The New York Yankees intend to refinance more than $1 billion in tax-exempt revenue bonds issued to build their latest stadium.

The Long Island Power Authority’s financial stability is expected to “gradually improve” in the years ahead, according to Janney Capital Markets.

New York’s Suffolk County Off-Track Betting Corp. is nearing the opening of a new casino as part of a plan to exit from bankruptcy.

Bard College in New York's Dutchess County was moved further into junk territory Wednesday after Moody's Investors Service downgraded the school's revenue bonds one notch to B1 with a negative outlook citing increased debt levels.

The Long Island Power Authority received its first credit upgrade in 11 years as Moody's Investors Service raised its bonds one notch.

Brooklyn Nets owner Mikhail Prokhorov intends to refinance debt for the Barclays Center arena through a $482 million offering by the Brooklyn Area Local Development Corp.

The MTA’s New York City Transit division left more than $13 million in fines and fees on the table, according to an audit by state Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio nominated Eric Enderlin as president of the Housing Development Corp., a major player in de Blasio's affordable housing initiative.

Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.

Signs of a possible slowdown of New York City’s economy merged during the second quarter, said city Comptroller Scott Stringer.

Transit officials and advocates recalled Robert Kiley as a savvy manager who helped lead New York City’s subway and bus system out of its systematic decay.

Atlantic City is grappling with another casino closure as it scrambles to avoid a state takeover.

Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.

Sales tax revenue collected by local governments in New York state rose 1.7%, or $130 million, in the first half of the year, according to a report released Thursday by state Comptroller Thomas DiNapoli.

Mom and pop investors veered from recent buying patterns on new issues and bought longer-maturity bonds in order to get higher yields on the New York City GO deal – even if it meant accepting lower coupons, according to a New York City underwriter involved in the deal.

New York City should budget even more conservatively to offset risks of up to $900 million in its four-year financial plan, said the New York State Financial Control Board