New York

Fitch Ratings upgraded Nassau County's long-term debt to stable from negative citing expectations that the Long Island municipality will continue making "modest progress" reducing its budget deficit.

Alex Doñé and Neil Messing will oversee private equity and hedge funds, respectively, for New York City's asset management unit, Comptroller Scott Stringer said.

A positive review of Rockland County's 2015 budget by the New York State Comptroller is a credit positive for the large suburban government following years of deterioration, Moody's Investors Service announced Friday.

Lockport, N.Y. was kept at the lowest investment grade rating Wednesday by Moody's Investors Service citing challenges to replenish the city's fund and cash balance to "adequate levels."

The Port Authority of New York and New Jersey won a court battle against the Automotive Automobile Association's efforts to block a planned December toll hike.

New York MTA Chairman Thomas Prendergast and several board members called for a full-court press on Albany officials to fully fund its four-year capital program.

New York Assemblyman Phillip Goldfeder asked Gov. Andrew Cuomo to direct a portion of $5 billion in budget surplus to restore the abandoned Rockaway Beach rail line.

Standard & Poor's revised its outlook on BBB-rated Iona College to stable from negative, citing improved financial ratios as the Catholic school battles enrollment pressures.

New York's Metropolitan Transportation Authority unveiled its proposals late Monday to increase fares and tolls by 4% over the next two years.

Installing London- and Paris-style platform doors in New York subways could also provide a badly needed revenue stream, said one MTA board member.

A $63.7 million remarketing of Triborough Bridge and Tunnel Authority general revenue bonds triggered strong retail demand, according to New York MTA’s finance manaher.

Too much job creation in New York is concentrated on low-wage industries, city Comptroller Scott Stringer said in his quarterly economic report.

Comptroller Scott Stringer and the New York City Pension Funds have launched an initiative to enable shareowners to nominate directors at U.S. companies using the corporate ballot.

Opinion over how to use an abandoned 3-1/2 mile rail corridor in New York City's Queens borough is as diverse as the neighborhoods within its reach, according to a study.

New York's MTA unveiled the new Fulton Center complex in lower Manhattan. The $1.4 billion project was conceived after Sept. 11.

Debate resonates in New York City's Queens borough over how to best use a 3-1/2 mile abandoned rail corridor.

Standard & Poor's upgraded the New York State Power Authority's senior debt to AA from AA-minus on Nov. 3.

The Nassau County Sewer and Storm Water Finance Authority has received stronger ratings because of a new flow of funds.

Gov. Andrew Cuomo and New York City Mayor Bill de Blasio announced a $400,000 grant program that aims to incentivize new businesses to locate to vacant storefronts along Sandy-damaged Staten Island's waterfront.

The New York City Municipal Water Finance Authority intends to sell about $375 million of second resolution, fixed-rate tax-exempt refunding and new money bonds on Nov. 13 after a one-day retail period.