New York

Housing policies have reached turning points in New York City and Philadelphia, but for different reasons — New York has an affordability problem, while Philadelphia has a quality problem, some experts say.

New York Comptroller Thomas DiNapoli is projecting a heavy calendar for bond sales from major New York issuers in the fourth quarter.

The appointment of Michael Dardia as Citizens Budget Commission co-research director will enhance its research capacity, CBC officials say.

More than two-thirds of New York City agencies earned D or F on Comptroller Scott Stringer's report card of procurement through minority and women-owned businesses.

New York City Transit's station repair program is progressing too slowly, said a report from State Comptroller Thomas DiNapoli.

A Brooklyn judge may have brought light to the end of the tunnel for financially struggling SUNY Downstate with a ruling that could facilitate the already agreed transfer of Long Island College Hospital to New York University.

Resiliency expert Alan Rubin urged New York City Mayor Bill de Blasio and Comptroller Scott Stringer to collaborate on environmental initiatives, including green bonds.

The MTA's Metro-North Railroad and Mount Vernon, N.Y., will work to replace up to three priority bridges that carry vehicular traffic, said Gov. Andrew Cuomo.

Redesigning local waste collection would save New York City about $300 million per year long term, said the Citizens Budget Commission watchdog group.

New York Comptroller Thomas DiNapoli released a new fiscal stress list Thursday that showed downstate local governments were likely to be in fiscal stress than upstate ones.

New York's MTA intends to pitch the city, state and federal government and corporate leaders to help cover its $15.2 billion capital program gap. Otherwise, it will have to borrow more.

New York City Comptroller Scott Stringer has called for the city to issue environmental, or green bonds, as part of its debt package over four years.

New York's MTA will propose a four-year capital plan that assumes a $15.2 billion funding gap, according to authority documents.

New York's MTA intends to remarket $148 million of Triborough Bridge and Tunnel Authority subordinate revenue variable rate bonds in October, an official told the finance committee.

Standard & Poor's raises its long-term and underlying ratings to AA-plus on New York City Housing Development Corp. bonds known as the open resolution.

While New York's MTA is about to propose its four-year capital plan, such plans in the future could reflect vastly changing demographic patterns.

The chief financial officer of the Long Island Power Authority, responding to a Bond Buyer article, says the authority's upcoming financings involve refinancing debt for purposes that don't count as operating expenses under generally accepted accounting principles.

The Port Authority of New York and New Jersey passed a resolution authorizing $320 million for the improvement of its Greenville Yard water port in Jersey City, N.J.

The New York City Municipal Water Finance Authority upsized its sale of second resolution, fixed-rate, tax-exempt refunding bonds to $300 million.

The United States Environmental Protection Agency rejected most of New York's $511 million loan request for the new Tappan Zee Bridge.