New York

Upkeep to aging infrastructure is central to New York City’s $89.6 billion, 10-year capital plan, budget chief Dean Fuleihan told City Council members.

S&P Global Ratings said it revised the outlook to negative from stable and affirmed its AA-minus rating on New York State Dormitory Authority's series 2010 revenue bonds and the Dutchess County Local Development Corp.'s series 2013 revenue bonds, issued for Vassar College.

The number of those working in offices in New York City hit a record 1.5 million in 2016, New York State Comptroller Thomas DiNapoli said in a report released Monday.

Nassau County, N.Y.’s decision to speed up a commitment to stop borrowing to pay taxpayer refunds is a credit positive, according to Moody’s Investors Service.

Officials from New York’s MTA have discussed delays to the reconstruction of the No. 1 Cortlandt Street station – destroyed on 9/11 – with contractor Judlau.

The Albany city government could lose important state funding under New York Gov. Andrew Cuomo's proposed fiscal 2018 budget.

Some New York State lawmakers are pushing for a public vote on a proposed $5 billion bond to fund water infrastructure improvements.

New York City Mayor Bill de Blasio signed legislation that assigns the Independent Budget Office to create a report on the $2.8 billion of economic development tax breaks the city awards annually. The mayor also signed legislation that expands the boundaries of the DUMBO Business Improvement District.

Gov. Andrew Cuomo's planned $65 million cut in state aid to New York MTA worries authority board members.

New York's debate over reduced fares for lower income persons reflects a long-running tension among the state, city and public transit agencies.