New York

New York MTA intends to add more than 2,000 state-of-the-art buses to its transportation fleet over five years at a $1.3 billion cost, said Gov. Andrew Cuomo.

The New York City Transitional Finance Authority intends to sell $750 million building aid revenue bonds on March 14 after a two-day retail period.

New York MTA expects to formally submit its proposed $29 billion five-year capital program to a state review board “in the next month or two,” an official said.

Adam Barsky, a former budget director under former New York City Mayor Rudolph Giuliani, has been tapped to chair the fiscal control board for Long Island’s Nassau County.

New York City budget director Dean Fuleihan wants agency heads to identify "significant new savings" in time for the updated spring spending plan.

New York Mayor Bill de Blasio's proposed streetcar line through Queens and Brooklyn waterfront neighborhoods has drawn some skepticism about its funding plan.

New York's MTA delayed holding a vote on a pre-agreement for a 99-year lease of its former midtown Manhattan headquarters to Mort Zuckerman's Boston Properties.

New York State's fiscal position has improved, but increasing budget challenges loom, according to a new report from State Comptroller Thomas DiNapoli.

The full board of New York's Metropolitan Transportation Authority approved an additional $66 million to accelerate construction of the long-delayed Second Avenue subway line.

Hunton & Williams LLP has hired David Horner as a partner to work in the firm's infrastructure public-private partnerships practice.

New York's MTA will continue to sell transportation revenue bonds with a green label as long as investor demand warrants, a finance official said.

A nonprofit land bank could help New York City develop affordable housing units on 1,100 vacant properties, said city Comptroller Scott Stringer.

The New York City Municipal Water Finance Authority intends to issue $535 million of refunding bonds in two upcoming sales.

Next week’s planned $500 million green-bond issuance by New York MTA is significant on several fronts, said a capital markets climate change expert.

President Obama’s proposed fiscal 2017 budget includes $84 million for improvements on New York MTA’s Canarsie Line, said, U.S. Transportation Secretary Anthony Foxx.

New York City’s outyear budget gaps are greater than the estimates from Mayor Bill de Blasio’s budget team, according to an analysis by city Comptroller Scott Stringer.

New York Gov. Andrew Cuomo’s proposed fiscal 2017 budget maintains a controlled spending policy, according to Standard & Poor’s.

Orrick, Herrington & Sutcliffe has promoted two public finance attorneys to partner.

Patrick McCoy, the finance director New York’s Metropolitan Transportation Authority, was elected president of the Government Finance Officers Association.

Jon Kaiman, who has chaired Nassau County's fiscal control board since September 2013, is stepping down to run for Congress.