New York

New York City should continue to build up its budgetary cushion to protect against further economic downturns or natural disasters, Comptroller Scott Stringer told a City Council committee.

New York City is projecting a surplus of $3 billion for fiscal 2015 and a balanced budget for fiscal 2016, said state Comptroller Thomas DiNapoli.

The New York City Housing Development Corp. board approves a $680 million inaugural sustainable neighborhood bond transaction, expected to price next week.

Two New York State Board of Elections commissioners are calling for one combined presidential and congressional primary vote in 2016 that would save the Empire State an estimated $50 million.

With more than one-third of New York's bridges listed in need of repair, U.S. Sen. Kirsten Gillibrand,D-N.Y., is proposing a bill that would allow states the authority to use more federal funds for local bridge improvement projects.

As Mayor of Corning, N.Y., Tom Reed saw how capital could be raised for road, water and sewer improvements through the issuance of tax-exempt bonds.

The Port Authority of New York and New Jersey has launched a dashboard on its website providing quarterly updates on all active capital projects.

Carmen Bianco will retire later this year as president of New York City Transit, the Metropolitan Transportation Authority announced June 2.

The New York City Housing Development Corp. expects in June to price its inaugural sustainable neighborhood bonds transaction — a first nationally, say officials.

The Port Authority of New York and New Jersey has selected a development team to help enhance LaGuardia Airport with a $3.6 billion facelift.

Suffolk County is expediting the merger of its comptroller and treasurer offices, which is expected to save more than $3 million annually.

New York City taxpayers and businesses shoulder too big a burden for MTA operations, said city Comptroller Scott Stringer.

Credit risks for the Port Authority of New York and New Jersey are shifting because the agency is relying more on toll collections than aviation revenue to pay off debt, according to Moody's Investors Service.

New York’s MTA board approves four bond counsel firms and one disclosure firm with a goal of involving more minority- and women-owned businesses.

New York City intends to sell about $1.3 billion of general obligation bonds in June, officials announced.

Mayor Bill de Blasio unveils an overhaul of the New York City Housing Authority, saying the agency is mired 'in its worst financial position in more than 80 years.

Jurisdictional barriers and other frictional dynamics impede transportation infrastructure overhaul in the tri-state metro New York region.

Rockland County, N.Y. received its first bond upgrade from Standard & Poor's since 2002, and a positive outlook, citing improved liquidity.

City Council members and a variety of civic advocates on May 18 called on New York Mayor Bill de Blasio to address mounting city infrastructure needs.

New York City Comptroller Scott Stringer and New York City Housing Authority chief Shola Olatoye announce an overhaul of the housing agency’s inventory system.