New York

New York’s Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.

A $60 million bond refinancing deal was structured in part to boost the fiscal health of the struggling Rensselaer School District in upstate New York.

The New York City Council approved a bill that requires the watchdog Independent Budget Office to review city-issued economic development tax breaks.

New York Gov. Andrew Cuomo unveiled a $152 billion budget proposal late Tuesday that would extend a set-to-expire millionaire's tax to preserve $4 billion in revenue over the next two years.

The New York City Council voted unanimously to approve an expansion of the DUMBO Business Improvement District at a meeting at City Hall on Wednesday. The full council vote on the bill came after the Finance Committee unanimously passed it in the morning.

The MTA’s tentative deal with New York transit employees provides some certainty while ignoring spiraling health-care and pension costs untouched, say muni bond observers.

New York City Mayor Bill de Blasio picked Maria Torres-Springer to be the city's new Commissioner of Housing Preservation and Development, replacing the departing Vicki Been. Separately, he named James Patchett President and CEO of the NYC Economic Development Corp.

Green bonds are a tool more issuers use to finance various means of purifying drinking water and buffering against rising seas.

New York State Comptroller Tom DiNapoli is calling for fiscal and procurement reforms after a new report released Thursday shows the state's public authorities have accumulated $267 billion in debt.

The New York City Industrial Development Agency approved $195 million in tax breaks for Related Cos. and Oxford Properties for their planned Hudson Yards office tower.