New York

New York Mayor Bill de Blasio implored state lawmakers to approve his universal pre-kindergarten proposal through a tax on the city's wealthiest citizens.

Audits of two MTA commuter lines found they failed to properly manage overtime paid by funds from federal stimulus funds, said a state comptroller's report.

New York's Metropolitan Transportation Authority will receive $886 million from the U.S. Department of Transportation to further its post-Hurricane Sandy Repairs.

Jameson Doig, author of a book about the history of the Port Authority of New York and New Jersey, said the agency has never experienced a controversy as huge as the Bridgegate scandal.

Contracting sales tax receipts are a credit negative for New York counties outside the metropolitan New York City area, Moody's Investors Service said.

The city of Buffalo, N.Y.'s finances are improving, but challenges remain, according to a report released by State Comptroller Thomas P. DiNapoli.

The New York City Transitional Finance Authority sold $946 million of future tax secured fixed-rate subordinate bonds.

New York Comptroller Thomas DiNapoli has found that 13% of New York school districts are fiscally distressed.

Metro-North estimated damage from the deadly commuter train derailment in the Bronx at more than $9 million, said a preliminary report from a federal agency.

Standard & Poor's upgraded Series 2007civic facility revenue bonds issued for Polytechnic University after the school merger with NYU closed.

The Court of Appeals, New York State's highest court, dismissed Nassau County's legal challenge to the MTA's payroll mobility tax by refusing to hear the case.

The final federal hurdle – Internal Revenue Service approval -- has been cleared in securing recovery zone bonds for financing the complete construction of the 80-story 3 World Trade Center in downtown Manhattan, U.S. Senator Charles Schumer announced.

Moody's Investors Service downgraded Yeshiva University debt to B1 from Baa2 Thursday afternoon

Howard Permut will retire as president of Metro-North Railroad, New York's MTA announced, and be replaced by Joseph Giulietti.

New York Gov. Andrew Cuomo announced several expensive infrastructure projects that may involve bonding in his annual state of the state address.

Metro-North would add four stations in the Bronx and provide direct access to Penn Station under a plan Gov. Andrew Cuomo endorsed in his State of the State speech.

The New York City Council voted Melissa Mark-Viverito, a favorite of new Mayor Bill de Blasio, as council speaker, arguably the city's second-most powerful position.

New York State, New York City, and their authorities plan to sell $3.93 billion of bonds in the first quarter of this year.

New York City, looking to fend off New Jersey, renewed its lease with Hunts Point Terminal Produce Market in the Bronx for seven years.

The New York City Transitional Finance Authority intends to sell $850 million of bonds on Jan. 16, with a two-day retail period in store for most of the amount.