New York

The political bickering that litters the New York-area transportation funding landscape raises doubts about big projects such as the LaGuardian Airport renovation and Hudson River train tunnels.

New Jersey Gov. Chris Christie met Tuesday with federal transportation officials about funding for a long-stalled Hudson River rail tunnel that would connect his state to New York City.

The New York State Common Retirement Fund returned 0.52% s overall in the fiscal 2016 first quarter, said Comptroller Thomas P. DiNapoli.

Many underlying causes of MTA subway train delays are controllable, New York State Thomas DiNapoli said while triggering an angry response from the authority.

U.S. Sen. Charles Schumer, D-N.Y., is proposing the creation of a new nonprofit development corporation that would help jumpstart a stalled Hudson River rail tunnel between New York City and New Jersey.

James Ferrara will become interim president of New York City Transit when current chief Carmen Bianco retires, MTA chief Thomas Prendergast announced.

Long Island, N.Y., governments will benefit from a New York state appellate court decision to allow a lawsuit to prevent the Long Island Power Authority from challenging the assessment on its Northport, N.Y. power plant, according to Moody's Investors Service.

Public finance veteran Richard Ravitch said part of the solution to New York's mass transit funding problem would be to "elect better politicians."

Transparent carrot-and-stick bond rating criteria for issuers could help advance projects to boost resilience from climate change and weather, advocates say.

Detroit's bankruptcy and Puerto Rico's default are similar to New York City's mid-1970s crisis, public finance veteran Richard Ravitch says.

New York City has announced the results of an RPF for the selection of financial advisors, pricing advisors and swap advisors for bond sales by the city and by its financial entities. The selection process was held in collaboration with the comptroller's office.

Nassau County, N.Y. Comptroller George Maragos is projecting a $61.9 million cash deficit this year unless the county increases revenue or cuts expenses.

Former NASDAQ chairman Frank Zarb will head a new panel charged with reviewing the contracting process in New York's Nassau County.

New York City's out-year budget gaps are manageable under current economic conditions, state Comptroller Thomas DiNapoli told the Financial Control Board.

New York City Comptroller Scott Stringer and city pension fund trustees announce a $500 million expansion of a private equity emerging manager program.

Port Authority of New York and New Jersey Chairman John Degnan says federal backing is needed in order to advance a stalled Hudson River tunnel project from Amtrak that is being pushed by U.S. Transportation Secretary Anthony Foxx.

As the Long Island Power Authority seeks to lower its debt costs, a never-opened nuclear power plant built by the utility's predecessor in the 1980s remains an albatross.

MTA Chairman Thomas Prendergast called on New York Mayor Bill de Blasio to quintuple the city's capital plan contribution to $3.2 billion.

Cities and states should manage their money with caution even amid improving conditions, New York City Comptroller Scott Stringer told investors and public officials.