New York

New York City Mayor de Blasio on Wednesday launched Cool Neighborhoods NYC, a $106 million program designed to curb the effects of extreme heat on vulnerable residents.

Weak reserve levels led S&P Global Ratings to downgrade Suffolk County, N.Y.

New York City gets mixed marks from the Citizens Budget Commission for its adopted fiscal 2018 budget.

S&P Global Ratings said it lowered its rating to A-minus from A on Suffolk County, N.Y.'s outstanding general obligation (GO) debt.

New York’s Metropolitan Transportation Authority announced a mitigation plan for widespread summer delays expected at Penn Station.

The New York City Transitional Finance Authority plans to sell about $850 million of tax-exempt fixed rate bonds on Wednesday, June 21, after a two-day retail order period.

New York City has become the first pension system in the nation to have totally divested its holdings in private prison companies, NYC Comptroller Scott Stringer said on Thursday.

S&P Global Ratings revised its outlook to negative from stable on Syracuse, N.Y.'s outstanding general obligation (GO) bonds and Syracuse Industrial Development Agency's (IDA) parking facility revenue bonds, excluding the GO bonds secured by the New York State Aid Intercept Program.

The New York City Council on Tuesday approved the city’s $85.2 billion fiscal 2018 budget. The vote at City Hall confirmed the accord reached last Friday between Mayor Bill De Blasio and the City Council, the earliest agreement on a budget since 1992.

New York City's housing agency authorized $564 million in bonds.

Robert D. Gordon joins the law firm of Jenner & Block as a partner in its restructuring and bankruptcy practice. He will be based in New York City.

A New York State fiscal monitoring board told Nassau County to cut $100 million from its next budget.

New York Mayor Bill de Blasio and City Council leaders agreed on an $85.2 billion budget.

While some firms in the municipal bond industry are merging, contracting or just plain closing, Tribal Capital Markets is doing exactly the opposite – it’s expanding into new spaces and hiring talented muni professionals with the backing of the Morongo Band of Mission Indians.

New York City should execute its capital projects more efficiently, officials and watchdogs say.

New York State Assemblyman Robert Rodriguez, D-East Harlem, visits The Bond Buyer and touches on his initiatives pushing for more affordable housing units, Harlem’s economic renaissance with help from tax credits and the public finance background he brought to Albany. Hosted by Andrew Coen.

A former Sterne Agee & Leach managing director pleaded guilty to lavishing a portfolio manager at New York state’s pension fund with trips to luxury vacation destinations in exchange for steering hundreds of millions in trading business her way.

New York's mayor and comptroller will vote to bar the city from entering into new contracts with Wells Fargo.

New York City Council members chided Mayor Bill de Blasio for misaligned capital commitments.

New York City could lose $850 million if Trump's budget passes, city Comptroller Scott Stringer said.