New York

New York City’s economy avoided the first-quarter stall that has the national economy in four of the past six years, said Comptroller Scott Stringer.

A New York City Council panel approved zoning changes necessary to advance a 67-story office tower development with enhanced access to Grand Central.

MTA Chief Thomas Prendergast wants New York City to contribute $300 million to the agency’s capital plan and $1 billion further for the Second Avenue line.

The chairman of the Metropolitan Transportation Authority wants New York City to ramp up its contribution to the transit agency.

The New York City Pension Funds have taken steps to formally consider diversity in manager evaluation and selection, Comptroller Scott Stringer said.

New York’s MTA board approved a ban on political advertising after some contentious debate and an adverse ruling in federal court.

New York's adopted fiscal 2016 budget contains borrowing provisions that raise concerns about oversight, transparency and accountability, according to a new report released by State Comptroller Thomas DiNapoli.

Variable rate debt represents 8% of the bond portfolio of New York's Metropolitan Transportation Authority — well below its 25% threshold, said finance manager Patrick McCoy.

A $967 million federal loan for commuter rail safety technology represents "a very favorable position for the MTA," said finance manager Patrick McCoy.

New York’s MTA may have to raise fares by as much as 15% if its proposed capital plan falls short, according to chief financial officer Robert Foran.

Gerrard P. Bushell from Bank of New York Mellon has been tapped to replace Paul Williams as president of the Dormitory Authority of the State of New York.

The Federal Railroad Administration has approved a $967.1 million loan to New York’s MTA for signal system safety improvements along Long Island and Metro-North commuter railroads.

New York City’s participation in the green bonds would provide a huge momentum boost for an emerging financial tool, said climate change expert Alan Rubin.

New York's Suffolk County is planning a 2016 capital budget that lessens borrowing thanks to state and federal assistance.

The market for green bonds is expanding exponentially and New York City should tap it for multiple benefits, said city Comptroller Scott Stringer.

New York State and New York City comptrollers Thomas DiNapoli and Scott Stringer, respectively, called on the SEC to compel fossil fuel industry companies to better disclosure climate change material risks

Rising retirement benefit costs are threatening municipal services in California and the problem will worsen short-term, according to a Manhattan Institute report.

The New York State Department of Taxation and Finance is on pace to stop more than half a billion dollars of improper refund claims in 2015.

Raising the minimum wage to $15 per hour in New York City by 2019 would boost wages by $10 billion a year and benefit its nearly 1.5 million workers, Comptroller Scott Stringer said.

Former San Jose Mayor Chuck Reed is digging in for more pushback from the largest public pension fund in the U.S. in his latest push to give California municipalities more leeway to control pension costs.