New York

New York’s Hudson Yards development on Manhattan’s West Side was able to cover its debt service obligations despite the effects of the COVID-19 pandemic.

Municipals have mostly held steady as bid-wanteds have risen, but so have yields and ratios, making for a more satisfactory range for investors getting into the market at these new higher levels.

New York's governor leaned on the Port Authority to pause the LaGuardia project amid wider debate about regional infrastructure.

The pandemic exposed weaknesses in the old ways of doing things, he said during a virtual Citizens Budget Commission awards presentation in New York.

While move-outs still outpace move-ins, the rate at which people are leaving has slowed and returned to near pre-pandemic patterns. A return by workers to offices is also rising, but occupancy in the city remains lower than almost all major metropolitan areas in the U.S. except for San Jose and San Francisco in California.

ICI reported $704 million of inflows, a $1.1 billion drop from the week prior, bringing the total to $76 billion year to date.

The firm’s distribution capabilities across major and mid-size institutional accounts, professionally managed retail accounts, and high net worth individual accounts is a throwback to founder Archibald Bullock Roosevelt’s vision.

Ratios have moved into a higher, more favorable range, especially in the belly of the curve. The municipal calendar is building, led by taxables and refundings, after they dropped significantly in September.

The state-supported issuance marks the initial debt offering to backstop a $523 milion initiative.

State Comptroller Thomas DiNapoli's annual report reinfornced the transit authority's struggles that took hold during the pandemic.

William Estes has overseen multibillion-dollar design-build and infrastructure developments for government agencies in New York.

New leaders could create a joint blueprint while sidestepping another fiscal cliff, said Peter Goldmark, a major player when the city nearly went bankrupt.

The authority's officials have adjusted to the hit from COVID-19 through toll hikes, capital plan reductions and lines of credit.

Rachael Fauss of watchdog organization Reinvent Albany has a wish list for New York's new governor, Kathy Hochul, that includes a culture shift in budgeting. "We don't want to see business conducted in the dead of night." Paul Burton hosts. (15 minutes).

Concerns range from frayed infrastructure to better communication in the face of the deadly flash flooding that caught the city by surprise in storm Ida.

While the city has a long history of coping with disasters including the Sept. 11 attacks, the COVID-19 pandemic is a work in progress.

The Long Island utility intends to sell electric system general revenue bonds in three tranches.

The 20th anniversary of the terrorist attacks comes as New York City is trying to emerge from a newer crisis, the COVID-19 pandemic.

On the 20th anniversary of the Sept. 11 attacks, Howard Cure of Evercore Wealth Management and Andrew Rein of the Citizens Budget Commission share memories of that day, how New York managed the crisis and prospects today as the city looks to recover from the pandemic. Paul Burton hosts. (26 minutes)

The weirdness of this storm adds yet another layer of complexity to the vexing problem of coping with climate change.