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An expansion of “backdoor borrowing” in the new New York State budget raises transparency red flags, according to Comptroller Thomas DiNapoli.
April 30 -
The former presidential candidate implored New York and New Jersey to enable their cities to execute streamlined project delivery.
April 30 -
New York City's executive budget came under fire for increasing spending and setting aside too little in reserves for cuts from Washington and uncertain times ahead.
April 27 -
New York's mayor said hits from Albany and threats from Washington affected the city's latest spending plan.
April 26 -
The nation’s largest municipal bond conduit issuer is expanding a program that funds upgrades with future energy savings.
April 25 -
While New York MTA's proposed 2.4% bump in its five-year capital program involved no new funds, it generated spirited debate on several fronts.
April 25 -
Unhedged and hedged variable-rate debt each account for 6% of the authority's $37.3 billion of bonds outstanding, according to Patrick McCoy.
April 25 -
His signature projects include financings for Yankee Stadium, Barclays Center and LaGuardia Airport. He is also a former New York MTA board member.
April 24 -
Components of the MTA's bus-overhaul initiative could pave the way for congestion pricing, which New York's state legislature essentially sidestepped this year.
April 24 -
A $2.1 million bond measure to fund employee-leave obligation payments failed in the city council.
April 23 -
The budget watchdog formed a committee to seek Kellermann's replacement.
April 23 -
A $1.4 billion sale from New York Transportation Development Corp., for Delta’s redevelopment at LaGuardia Airport is the bellwether deal of a near $8 billion week of new issuance. This will mark the first time in six years that Delta has issued in the tax exempt market and will be the second largest airline special facility bond ever completed in the municipal market.
April 23 -
New York mayor Bill de Blasio claimed progress in addressing the challenges of population growth, aging infrastructure, increasing inequality, and climate change.
April 20 -
Big Apple pension funds plan to divest from fossil fuel investments within five years.
April 19 -
MTA's Patrick McCoy, Nixon Peabody's John Bove and Lowes Corp.'s Caroline Cruise will receive awards at the annual dinner.
April 18 -
Alternative funding strategies, collaborations and resiliency awareness were the buzzwords at an S&P housing conference in New York.
April 17 -
The Seneca Nation of Indians demand a cut of toll revenue for a nearly three-mile stretch of road built on tribal land 60 years ago.
April 16 -
U.S. Transportation Secretary Elaine Chao heard bipartisan criticism from lawmakers for the administration’s failure to fully fund the Highway Trust Fund and was told the White House plan for privatizing the Federal Aviation Administration won’t pass Congress.
April 12 -
Cities deny NAM charge that they committed securities fraud by failing to adequately address climate risk in their muni bond official statements.
April 12 -
The proposed dual-track rail tunnel connecting New Jersey and Manhattan is opposed by President Trump even though the White House says it is expediting approval of major infrastructure projects.
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