New York

New York City's most recent budget plan is credit negative, said Moody's Investors Service, which cited the effect of the proposed contract settlement with teachers on out-year budget gaps.

State University of New York broke off talks Monday with Brooklyn Health Partners, the high bidder to buy money-losing Long Island College Hospital.

Analysts eye with skepticism the pros and cons of the proposed nine-year agreement between New York Mayor Bill de Blasio and the teachers union.

New York City Mayor Bill de Blasio called for 200,000 units of affordable housing over 10 years, funded in part with $1 billion from the city's pension funds and 501(c)(3) bonds to finance middle-income housing.

The Nassau Interim Finance Authority approved wage increases and police recruits for Nassau County, N.Y. government Saturday morning.

A federal decision is a credit positive for New York's nonprofit hospitals, said Moody's Investors Service.

New York Comptroller Thomas DiNapoli released fiscal stress scores for Buffalo, Rochester, and Syracuse and 12 other New York cities and villages Friday.

The Manhattan Institute for Policy Research launched a public pension calculator tool as part of its PublicSectorInc.org project.

Patrick A. Nowakowski, the executive director of the Dulles Corridor Metrorail Project, will be the next president of Long Island Rail Road, the MTA announced.

New York City Comptroller Scott Stringer will host the first hearing of his new Hurricane Sandy oversight unit at 7 p.m. April 30 at The BayHouse in Breezy Point, on the Rockaway Peninsula of Queens borough.

New Jersey Gov. Chris Christie nominated John J. Degnan to be the new chairman of the Port Authority of New York and New Jersey on Tuesday.

A new credit issued by New York's Metropolitan Transportation Authority secured by payroll mobility tax revenues should be its highest rated, according to finance director Patrick McCoy.

New York's MTA board is weighing an $11 million addition to its $429 million contract with Bombardier and Siemens for train controls that would inhibit speeding.

Among signs of increased spending and reduced revenues in Nassau County, N.Y., Moody's Investors Service has raised concerns.

New York's MTA expects its tentative five-year deal with Transport Workers Union Local 100 to cost $525 million, according to an authority document.

New York City Comptroller Scott Stringer on Friday called for allocating an additional $1 billion to emerging managers — which include so-called minority and women business enterprises — of the city's five public pension funds.

The Port Authority of New York and New Jersey, operating under increased public scrutiny after the "bridgegate" scandal, is weighing the risk of providing a $1.2 billion loan guarantee for the developer of Three World Trade Center.

Housing in New York City became less affordable since 2000 as the median apartment rent rose by 75% while real incomes declined, according to a report by city Comptroller Scott Stringer.

New York Comptroller Thomas DiNapoli has proposed legislation to give money to fiscally-stressed localities to hire financial advisors for long-term budget planning.

New York State won praise from Comptroller Thomas DiNapoli for improving its finances.