New York

The Municipal Forum of New York chose 45 New York City high school seniors to be Urban Leadership Fellows for 2016.

One of the largest municipal market deals of 2016 will help the $4 billion overhaul of New York City’s LaGuardia Airport take wing.

New York City on Thursday announced new underwriting syndicates for its bond sales and those of the Transitional Finance Authority and Municipal Water Finance Authority. The city said the selections represent an increase to 31% in the share of minority and women-owned business enterprises assigned on a rotating basis as book-running senior managers.

Columbia University recently issued $50 million in green bonds through the Dormitory Authority of the State of New York (DASNY) that will fund construction of a new science center for the Ivy League school’s Manhattanville campus, Gov. Andrew Cuomo announced Friday.

The New York State Thruway Authority is planning an $850 million bond sale in early May to aid the construction of an estimated $5 billion new Tappan Zee Bridge.

New York Mayor Bill de Blasio unveiled his $82.2 billion executive budget, which he said relies on “progressive, responsible and honest budgeting.”

California is the least prepared to weather a recession of the four most populous states, according to a Moody’s Investors Service fiscal stress test.

The MTA board authorized Chairman Thomas Prendergast to settle a dispute with New York City officials over the proposed 99-year lease of its former headquarters.

The New York MTA board approved the latest, $29.5 billion, iteration of a five-year capital program that seemingly has had more delays than some of its megaprojects.

Gov. Andrew Cuomo’s infrastructure proposals set the state up for long-term economic competitiveness.

New York’s Nassau County closed 2015 with a $58.2 million budget surplus driven mainly by borrowing for property tax refunds and police termination pay, according to a report issued by County Comptroller George Maragos.

Variable-rate debt represents a manageable 7% of New York MTA’s $36.7 billion debt portfolio, finance manager Patrick McCoy said.

Construction delays at the 72nd Street station could jeopardize the planned December opening of the Second Avenue subway line, New York MTA officials say.

Ramapo, N.Y.’s A1 rating from Moody’s Investors Service is on review for downgrade in the wake of federal fraud charges alleging misstatements of financial reporting.

Nassau County's sales tax revenue surged in the first quarter and is already close to meeting its budgeted target for the year.

Outside-the-box approaches to New York's regional transportation woes still beg the question of funding.

In parallel actions on Thursday, the Securities and Exchange Commission and the U.S. district attorney for the Southern District of New York filed civil and criminal charges against Ramapo, N.Y., officials for misleading investors in connection with bonds issued to finance a minor league baseball stadium.

With its credit on the mend, Buffalo, N.Y., is prepping a $52.7 million negotiated bond sale Wednesday to address capital projects and refinance old debt.

New York State's “Lean Initiative” has won the Citizens Budget Commission’s 2016 award for Public Service Innovation, the CBC announced on Wednesday. The prize will be presented at the CBC’s annual dinner on Thursday.

Long Island’s Nassau County is transferring its authority to install 1,000 video lottery terminals to Resorts World Casino at Aqueduct Racetrack in Queens under a provision in the 2017 New York State budget.