New York

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.

Better transparency, among other benefits, drives New York Metropolitan Transportation Authority’s aggressive bond anticipation note strategy, said one official.

New York City and the MTA deserve high marks for coping with the weekend blizzard and coordinating, said resilience financing expert Alan Rubin.

New York’s Nassau County is planning a $273 million bond sale next week to refinance old debt.

A federal award for flood protection in lower Manhattan builds on over $100 million New York has committed to this project, according to Mayor Bill de Blasio.

New York Mayor Bill de Blasio’s $82.1 billion preliminary spending plan for fiscal 2017, while short on drama, may face headwinds from Albany and the economy.

New York Mayor Bill de Blasio released his $82.1 billion preliminary budget that balances spending initiatives with possible state aid cuts and an economic downturn.

Gov. Andrew Cuomo’s call for New York City to pay much more toward the City University of New York system and Medicaid is a financial gut punch.

Andrew Cuomo proposed a $145.3 billion budget for the 2017 fiscal year and reiterated his call for transformative infrastructure initiatives in his State of the State speech.

Alex Doñé will take on additional duties at the New York City comptroller’s Bureau of Asset Management while Michael Haddad will join it.

Charles W. Hoppe, president of Long Island Rail Road from 1990 to 1994, died at age 80, officials from New York’s Metropolitan Transportation Authority announced.