New York

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.

New York's MTA and Transit Workers Union 100 reached a tentative five-year labor agreement, Gov. Andrew Cuomo announced.

New York City Comptroller Scott Stringer has formed a unit to oversee the handling of funds related to Hurricane Sandy rebuilding.

New York's MTA awarded two contracts valued at $628 million to East Side Access contractors who will wall more than 10,000 linear feet of newly excavated tunnels and install communications systems.

New York City Transitional Finance Authority received about $200 million of retail orders before its $760 million sale of future tax secured fixed-rate subordinate bonds.

Standard & Poor's upgraded Broome County, N.Y. to A-plus from A, citing strong budget performance and very strong liquidity.

New York City Mayor Bill de Blasio named Jacques Jiha finance commissioner.

A $300 million state allocation to New York City to finance pre-kindergarten expansion is a credit positive for the city, according to Moody's.

New York State government is taking three steps to aid Yonkers, N.Y., which Moody's Investors Service calls a credit positive for the city.

While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.

New York State is home to a disproportionate share of the nation's speculative-rated colleges and universities.