New York

New York City Comptroller Scott Stringer moved to standardize oversight of information technology contracts.

A bad business model is at the heart of problems at the Port Authority of New York and New Jersey, a report from an NYU transportation center said.

More spending will be necessary to improve the condition of New York City's bridges, according to the Independent Budget Office watchdog group.

New York State government approved a capital budget with a 34% increase in bond issuance in the coming year.

The New York City Transitional Finance Authority plans a $650 million sale of tax-exempt fixed-rate new money bonds on April 8, after a two-day retail order period.

The chairman of the Port Authority of New York and New Jersey, David Samson, has resigned his position as of Friday morning, New Jersey Gov. Chris Christie said.

New York Gov. Andrew Cuomo unveiled a transportation resiliency program to help prepare the region for future emergencies and reduce storm impact on vital transportation infrastructure.

Former UBS banker Mark Zaino walked out of court a free man after a federal judge chose to impose no further sentence for his role in rigging muni bond contracts.

New York City will end the current year with a surplus of $2 billion, $244 million more than Mayor Bill de Blasio expects, according to the Independent Budget Office.

Moody's Investors Service downgraded Suffolk County, N.Y. general obligation debt to A3 from A2, citing continued use of one-time revenues and significant cash flow borrowing.

The New York City Municipal Water Finance Authority sold $548 million refunding bonds, an increase of $68 million from the expected $480 million.

The prospect of a state budget that would divert $40 million of transit operating funds for debt service doesn't faze the New York MTA Chairman Thomas Prendergast.

Fitch Ratings raised its outlook on Suffolk County, N.Y.'s bonds and notes to stable from negative on Tuesday.

New York's State Department of Health is this year's winner of the Citizens Budget Commission prize of public service innovation.

Support for 'Gridlock Sam' Schwartz's latest plan to ease New York congestion and toll inequity ranged from a motor truck association to the Straphangers Campaign.

The Harlem building collapse has added a big exclamation point to talk about the need for New York to address its aging infrastructure.

Financial information for 500 New York State public authorities has been posted at the Open Book New York web site.

New York City Comptroller Scott Stringer rejected a $30 million contract to outsource selection and oversight of all IT contractors to Computer Aid of Allentown, Pa.

The scandal over a traffic jam on the George Washington Bridge not only damaged Gov. Chris Christie's presidential prospects, it spotlighted the politicization of the Port Authority of New York and New Jersey, a major municipal bond issuer.

Moody's Investors Service said that a recent ruling on Nassau County, N.Y. wage freeze was a credit positive for the county.