New York

Mayor Bill de Blasio has submitted a $77.7 billion budget to the City Council with public safety enhancements as a theme.

The New York City Housing Development Corp., a key financial engine to Mayor Bill de Blasio's affordable housing plan, again tops a list of multifamily bond issuers.

The New York City Municipal Water Finance Authority intends to sell $475 million of second resolution refunding bonds on Feb 19 after a retail order period, say officials.

New York City will invest $200 million in affordable housing, new infrastructure and job creation initiatives in the southwest Bronx, Mayor Bill de Blasio said in his annual State of the City address.

A rebound in most New York county sales tax collections for the second half of 2014 is a credit positive, according to Moody's Investors Service.

In the face of widespread community opposition, Nassau Regional Off-Track Betting has withdrawn plans for a mini casino in Westbury, N.Y., and is now looking for a new Nassau County location to construct the facility.

A proposal in New York Gov. Andrew Cuomo's 2015 executive budget to allow the Long Island Power Authority to securitize an additional $2.5 billion of debt is a credit positive for the utility, according to Moody's Investors Service.

Board approval of fare and toll increases for New York City subways, buses, bridges and tunnels is a credit positive for the Metropolitan Transportation Authority, said Moody's Investors Service.

Light snow seasons and heavy snow seasons cost much more than average snow seasons on a cost-per-inch basis, said New York City Comptroller Scott Stringer.

The calendar and a stronger sense of storm preparedness will help soften the blow of this winter's first major Northeast blizzard, capital markets observers said Tuesday.

A major Northeast winter storm caused issuers to postpone about $1.7 billion of bond sales , including a $1 billion Pennsylvania GO offering.

New York City Comptroller Scott Stringer announced a partnership designed to reduce claims against the city's police department.

The Port Authority of New York and New Jersey has selected global commercial real estate services firm Cushman and Wakefield to serve as the exclusive retail agent for its Manhattan bus terminal.

Leadership chaos in Albany following the arrest of Assembly Speaker Sheldon Silver on federal corruption charges could further complicate an already difficult task for New York MTA: obtaining approval of its $32 billion capital plan.

New York Gov. Andrew Cuomo is proposing using much of $5.4 billion in available legal settlement funds to pay for infrastructure needs and toll subsidies.

New York's Metropolitan Transportation Authority approved biennial fare and toll increases of roughly 4%, spread over two years.

Nitsui Fudosan, Related Cos. and Oxford Properties plan to build an office tower building at Hudson Yards, adjacent to the MTA's No. 7 extension.

A calm environment atypical for January, low interest rates and the floating rate note enabled New York's MTA to upsize its bond sale, said finance manager Patrick McCoy.

New York City’s "fair share" of the state's $5 billion budget surplus is $2.2 billion, according to city Comptroller Scott Stringer.

New York Gov. Andrew Cuomo outlined an ambitious transportation and infrastructure agenda, including major improvements to New York City's two airports.