New York

New York's MTA delayed holding a vote on a pre-agreement for a 99-year lease of its former midtown Manhattan headquarters to Mort Zuckerman's Boston Properties.

New York State's fiscal position has improved, but increasing budget challenges loom, according to a new report from State Comptroller Thomas DiNapoli.

The full board of New York's Metropolitan Transportation Authority approved an additional $66 million to accelerate construction of the long-delayed Second Avenue subway line.

Hunton & Williams LLP has hired David Horner as a partner to work in the firm's infrastructure public-private partnerships practice.

New York's MTA will continue to sell transportation revenue bonds with a green label as long as investor demand warrants, a finance official said.

A nonprofit land bank could help New York City develop affordable housing units on 1,100 vacant properties, said city Comptroller Scott Stringer.

The New York City Municipal Water Finance Authority intends to issue $535 million of refunding bonds in two upcoming sales.

Next week’s planned $500 million green-bond issuance by New York MTA is significant on several fronts, said a capital markets climate change expert.

President Obama’s proposed fiscal 2017 budget includes $84 million for improvements on New York MTA’s Canarsie Line, said, U.S. Transportation Secretary Anthony Foxx.

New York City’s outyear budget gaps are greater than the estimates from Mayor Bill de Blasio’s budget team, according to an analysis by city Comptroller Scott Stringer.