New York

Brooklyn Nets owner Mikhail Prokhorov intends to refinance debt for the Barclays Center arena through a $482 million offering by the Brooklyn Area Local Development Corp.

The MTA’s New York City Transit division left more than $13 million in fines and fees on the table, according to an audit by state Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio nominated Eric Enderlin as president of the Housing Development Corp., a major player in de Blasio's affordable housing initiative.

Municipal bonds issued for Tennessee-based Global Ministries Foundation housing projects were placed on S&P Global Ratings' CreditWatch and could face rating downgrades because of uncertainty related to a federal investigation.

Signs of a possible slowdown of New York City’s economy merged during the second quarter, said city Comptroller Scott Stringer.

Transit officials and advocates recalled Robert Kiley as a savvy manager who helped lead New York City’s subway and bus system out of its systematic decay.

Atlantic City is grappling with another casino closure as it scrambles to avoid a state takeover.

Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.

Sales tax revenue collected by local governments in New York state rose 1.7%, or $130 million, in the first half of the year, according to a report released Thursday by state Comptroller Thomas DiNapoli.

Mom and pop investors veered from recent buying patterns on new issues and bought longer-maturity bonds in order to get higher yields on the New York City GO deal – even if it meant accepting lower coupons, according to a New York City underwriter involved in the deal.

New York City should budget even more conservatively to offset risks of up to $900 million in its four-year financial plan, said the New York State Financial Control Board

New York City Comptroller Scott Stringer lambasted City Hall for operational snafus in the sale of a Lower East Side nursing home to a luxury condominium developer.

A “robust toolbox” of financing programs helped a New York agency sell $1.3 billion of bonds last year to help further the city's affordable housing thrust, said its chief.

Municipal bond financing will boost a long-awaited nearly $1 billion waterfront redevelopment in the fiscally stressed Long Island city of Glen Cove, N.Y.

New York City faces outyear budget gaps of as high as $4 billion by fiscal 2019 according to an analysis by city Comptroller Scott Stringer.

New York MTA expects to save roughly $152 million in interest from its planned $1 billion sale of Hudson Yards lease securitization bonds, said CFO Robert Foran.

New York's property tax levy cap will be below 1% in 2017, and that is a credit negative for local governments throughout the state that are hampered by an ability to raise revenue, according to Moody's.

New York MTA intends to close the Canarsie Tunnel between Brooklyn and Manhattan for 18 months beginning in 2019 to repair Hurricane Sandy damage.

New York City officials are pressing the Port Authority of New York and New Jersey to halt an ongoing design competition for a new Manhattan bus terminal and create a more “transparent” process.

New York City announced on Thursday it will offer around $1.49 billion of general obligation bonds next month.