New York

New York MTA has put business with Wells Fargo Securities and approval as a senior manager for bond transactions on hold pending its review of the bank’s practices, following revelations that Wells Fargo bank employees secretly created accounts without clients’ approval

The Port Authority of New York and New Jersey will issue bonds to finance its share of a planned $3 billion overhaul of Manhattan’s Penn Station.

The New York City Housing Development Corp. board approved the appointment of Eric Enderlin as president.

A $1 billion economic development initiative in Buffalo, N.Y. is at the center of a corruption scheme that federal prosecutors say resulted in hundreds of millions of dollars being awarded for New York State contracts.

New York City Comptroller Scott Stringer proposes tripling the city's earned-income tax credit contribution from 5% to 15% the federal tax credit.

New York Gov. Andrew Cuomo announced capital investments to improve two key stations on the Long Island Rail Road's 40-mile spine between Jamaica and Ronkonkoma.

New York City gets mixed grades when it comes to implementing priority initiatives, according to a report released on Tuesday by the Citizens Budget Commission.

The Port Authority of New York and New Jersey and elected officials from both states have agreed to a new expanded planning process for a new Manhattan bus terminal.

A city agency unanimously approved the New York Yankees’ stadium bond refunding of roughly $1 billion.

The de Blasio administration released the New York City Mayor’s Management Report on Monday that detailed performance by city agencies in Fiscal Year 2016.

New York State’s smaller sports arenas could benefit most from new professional mixed martial arts bouts set to debut in the Empire State, according to a stadium financing expert.

A state appeals court ruling allowing Nassau County, N.Y.’s fiscal control board to keep a three-year wage freeze for county employees is a credit positive for the large Long Island government, according to Moody’s Investors Service.

Nassau County, N.Y.’s efforts to lease out the assets of its sewer system face skepticism despite what could be a large payoff for the county.

The New York Yankees expect to price a $1.2 billion stadium bond refunding in mid-October.

The New York City Council’s Finance Committee held a public hearing at City Hall on Wednesday to hear comments about creating a new business improvement district in Queens called the Greater JFK BID.

New York State lacks long-term planning for addressing its infrastructure challenges, leading engineers said during a recent panel discussion.

Four investment management firms received awards from New York City Comptroller Scott Stringer for diversity initiatives on behalf of city pension funds.

Lower Manhattan has come back from the 9/11 attacks with a much larger population than it had before, creating new capital spending challenges for New York City.

Municipal bonds played a key role in New York City’s rebound from the Sept. 11, 2001, terrorist attacks on the World Trade Center.

Jefferies said it received good demand for the $292.26 million of tobacco settlement pass-through bonds it priced for the New York Counties Tobacco Trust VI.