New York

What's the impact of hybrid work on the city's commercial office market and property tax revenues? It may be less than you think, according to Comptroller Brad Lander.

The IBO is a publicly funded city agency that provides nonpartisan information about the budget and economy but has no policymaking role.

City finance officials report that its recent $1.56 billion general obligation bond sale was more than six times oversubcribed.

Muni Pride has been rebranded from California Muni Pride to reflect its developing national focus.

Olson, a 20-year municipal bond veteran, replaces Marjorie Henning who retired at the end of April. In his new position, he will be in charge of the Bureau of Public Finance, which manages the city's borrowing for the comptroller.

The Housing Development Corp. will come to market with almost $1 billion of sustainable development bonds to fund new housing projects in the city.

The recent influx of migrants has stressed the city's social services system amid uncertainty about whether funding will come from state or federal government.

Fernandez was a veteran municipal bond attorney who spent nearly 67 years at Hawkins, Delafield & Wood LLP before his retirement in 2017.

The private Medaille University is closing its doors after failing to sell itself to a nearby college. It has more than $20 million of bond debt.

"We are seeing strength in the securities, transportation and warehousing and office sectors," New York State Comptroller Thomas DiNapoli said "but retail, restaurants, construction and tourism continue to lag the national recovery."