New York

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.