New York

Oyster Bay Town Supervisor Joseph Saladino proposes slashing outstanding debt by $50 million in his first budget proposal since taking over the junk-rated Long Island municipality eight months ago.

New York City’s economy is taking a $400 million a year hit from subway delays, according to an economic analysis released by City Comptroller Scott Stringer on Sunday.

The rating agency cited the backing of the authority's transportation revenue bonds by a gross lien on operating revenues.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

Chicago-based Mesirow Financial is bulking up its municipal team with several hires on both coasts.

The subway-improvement plan for New York triggered pushback from board members who say Gov. Andrew Cuomo is overreaching.

The Republican lawmaker said Monday that the tax cap proposal should take priority during the next legislative session.

Nick Sifuentes, executive director of the Tri-State Transportation Campaign, explores how to improve mass transit funding and capital budget management in the New York City region, including Connecticut and New Jersey. Hosted by Paul Burton.

The spending plan still relies heavily on sales tax growth, according to S&P Global Ratings.

Nicole Gelinas of the Manhattan Institute discusses what still ails New York-area mass transit even after the "summer of hell" has passed. Hosted by Paul Burton and Andrew Coen.

Hurricane Maria’s devastation of Puerto Rico is a credit negative for Assured Guaranty and National Public Finance Guarantee Corp., Moody’s Investors Service said.

Mitchell Katz will continue the reorganization plan for the beleaguered city unit, said the mayor.

The Dormitory Authority of the State of New York is prepping another large bond deal as part of a busy 2017 for the conduit issuer.

The Citizens Budget Commission in its FY17 progress report cited a drop in unique patients.

She said the plan was just one piece of a larger and more complex framework to address the city’s housing problem.

Erie County Medical Center wired $17 million to Erie County last week as part of a borrowing deal that enables the hospital to build a new emergency department.

New York City agencies reportedly improved their performance in many categories including emergency response times.

Municipal Bond Club of New York members were urged to "continue preaching" the benefits as Congress debates tax reform.

New York City Mayor Bill de Blasio handily won the Democratic primary on Tuesday, beating his main rival Sal Albanese.

They outlined the importance of the $13 billion tunnel linking Amtrak and New Jersey Transit to Penn Station.