New York

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.

The Port Authority of New York and New Jersey announced Monday that it established a new cargo volume record in 2015.

New York Mayor Bill de Blasio is pitching a 17-mile surface streetcar to run north-south through parts of Brooklyn and Queens and parallel to the East River.

New York Mayor Bill de Blasio announced procurement rule changes to help increase city contract awards to minority- and women-owned business enterprise firms.

While federal aid to New York City dropped about $1 billion over five years, the total is flat aside from stimulus and Hurricane Sandy funding, said the Independent Budget Office.

The New York City Transitional Finance Authority intends to sell $1 billion in future tax secured subordinate bonds on Feb. 9, city officials announced.

The Town of Oyster Bay, N.Y. is getting a cool reception from the municipal bond market after Moody's Investors Service withdrew its rating citing a lack of financial information.

Three months after its board approved a five-year, $29 billion capital program request, officials from New York's MTA are still fielding questions about the uncertainty of funding.

New York’s fourth largest township had its credit rating dropped by Moody’s Investors Service due to a lack of audited financial statements.

Dale Horowitz, upon receiving the second annual Jim Lebenthal Infrastructure Champion Award, paid homage to his longtime friend.

New York City’s asset management bureau should bolster its due diligence and lessen dependence on senior management, said city Comptroller Scott Stringer.