New York

Oyster Bay Town Supervisor John Venditto is resigning his post at the close of business Wednesday two and a half months after the leader of New York State’s fourth largest township was indicted on federal corruption charges.

Tom Prendergast departs as New York MTA chief on a high note as Second Avenue subway line opened. His successor will face numerous challenges.

The reconstruction of New York City's Times Square area has been finished just in time for New Year's Eve, Mayor Bill de Blasio announced on Wednesday.

A New York subway line delayed over 100 years is about to open "on time" when Second Ave. Subway service begins on New Year's Day.

A $159 million reconstruction of the Van Wyck Expressway in New York City designed to ease congestion between two major airports has been completed, New York Gov. Andrew Cuomo announced Thursday.

Gov. Andrew Cuomo's ceremony to tour a new Second Avenue subway line drew an overflow crowd to the station's mezzanine. So much for alleviating congestion.

New York State's $500 million automatic tolling initiative at Metropolitan Transportation Authority-operated bridges and tunnels is moving full speed ahead with a planned completion date set for the end of 2017, Gov. Andrew Cuomo announced Wednesday.

SEC sues, U.S. Attorney indicts former official of New York State Common Retirement Fund and two brokers over pay-to-play scheme.

New York City projects a $439 million surplus in fiscal 2017, according to state Comptroller Thomas DiNapoli.

State school funding distribution changes proposed by a New York City-focused independent budget watchdog would boost revenue to the city's schools.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Risks to New York's budget could trigger outyear gaps exceeding $3 billion in fiscal 2018 through 2020, said city Comptroller Scott Stringer.

NYC Pension Funds See Positive Q3 Results

The New York City Council’s Finance Committee held a public hearing Wednesday at City Hall to hear comments on a proposal to expand the DUMBO Business Improvement District. The legislation would expand the current boundaries of the DUMBO BID (Down Under the Manhattan Bridge Overpass) and increase its annual expenditures.

Fiscal management will be critical for New York City amid uncertainty in Washington, Mayor Bill de Blasio's budget chief, Dean Fuleihan, told City Council members.

New York City’s cost to house homeless people in hotels has jumped more than sevenfold over the past year.

Gov. Andrew Cuomo’s hurry-up offense for completing New York’s Second Avenue subway triggers questions about the MTA’s priorities.

New York MTA intends to sell $1.3 billion of bonds in January including a $100 million remarketing, said finance manager Patrick McCoy.

A new $7.3 billion 2017 spending plan by the Port Authority of New York and New Jersey maintains debt service levels while also investing in major capital projects.

Facing pressure from Gov. Andrew Cuomo, officials from New York’s Metropolitan Transportation Authority are targeting an opening of the long-delayed Second Avenue subway line by the end of the month.