New York

The shroud of massive federal funding cuts hang over New York City's hospital system despite the Republican Congress' failure to eliminate Obamacare, said the city's top health administrator.

A half-fare subsidy for lower-income persons would further strain New York City’s budget, transportation Commissioner Polly Trottenberg told a City Council panel.

The specter of massive cuts in federal domestic aid could force New York City officials to think outside the box about how save programs now financed by the feds.

President Trump’s proposed Fiscal Year 2018 budget would cause a major setback to plans for a long-stalled Gateway rail project connecting New Jersey and Manhattan, lawmakers and transportation advocates warned.

Suffolk County, N.Y., is planning to refinance $136 million of bonds this year before interest rates jump too high.

Complications are threatening to even further delay the planned reopening of the No. 1 line Cortlandt Street station in New York, destroyed on Sept. 11.

The Bureau of Asset Management in New York City Comptroller Scott Stringer's office wants to fine-tune its risk analytics

New York Mayor Bill de Blasio painted a grim landscape for his city should the massive cuts in President Trump’s proposed budget materialize.

The Justice Department said it does not intend to criminally charge New York Mayor Bill de Blasio or people fundraising on his behalf.

Changes to New York MTA’s four-year financial plan slightly worsen the outlook for the authority, said the watchdog Citizens Budget Commission

New York City's Department of Housing Preservation and Development issued a RFQ that seeks organizations to rehabilitate and manage occupied or vacant buildings.

Parity for New York State transportation investments is a misnomer, according to a report by budget watchdog Citizens Budget Commission.

In the face of local skepticism and open questions about infrastructure funding, streetcar advocates are promoting a 16-mile Brooklyn-Queens link.

New York City’s unemployment rate in January fell to 4.5% in January, the NYC Economic Development Corp. said, the lowest rate since 1976, when the New York State Department of Labor first started keeping track.

Infrastructure needs direct federal funding, not tax breaks for private investments, U.S. Sen. Charles Schumer said in New York.

New York City Independent Budget Office is asking the city to consider using everything from green taxis to red lights to deal with future budget shortfalls.

Citywide Ferry Service has filled the first of 200 jobs for its soon-to-be-launched transportation service, New York City Mayor Bill de Blasio announced on Wednesday.

New York State Comptroller Thomas DiNapoli has identified nine villages across the state as having some level of fiscal stress, down from 18 a year ago.

The Citizens Budget Commission will honor U.S. Sen. Charles Schumer and public finance veteran Felix Rohatyn at its annual dinner.

Cities are 'masters of their own destiny' despite the threat of federal funding cuts, New York Mayor Bill de Blasio said at the City Club of Chicago.