New York

Embattled New York City Housing Authority chairman John Rhea resigned days before new Mayor Bill de Blasio was expected to replace him.

New York City has issued a request for expressions of interest to identify financing partners for the city's first wetland mitigation bank, on Staten Island.

The Internal Revenue Service approved tax exemption for bonds issued by the PSEG-run Long Island Public Authority.

Scott Stringer announced eight members of New York City comptroller team including Carol Kostik, who will remain as deputy comptroller for public finance.

After almost a year of anticipation, the long-looming ominous cloud of a Federal Reserve taper finally broke on the municipal market last week. The ensuing storm has been but a whimper, said Bank of America's Phil Fischer.

Observers' views diverge on whether the impending introduction of casinos in New York will be a major fiscal plus for local governments.

New York City's near-term fiscal outlook appears strong but uncertainties hover beyond that, according to the Independent Budget Office watchdog organization.

Holders of $238 million of defaulted bonds issued to build garages near Yankee Stadium have agreed to continue negotiations in the hopes of a soccer stadium at the site, according to bond documents.

Queens rebounded strongly from the recession over the past two years, according to an economic snapshot of the New York City borough by state Comptroller Thomas DiNapoli.

New York's MTA approved $2.3 billion in new-money bonds and hired PFM Group and Mohanty Gargiulo as financial advisor and swap advisor, respectively.

New York City Comptroller John Liu, in his final state of the city speech, said his audit bureau uncovered nearly $1 billion that belongs to New Yorkers.

New York's Metropolitan Transportation Authority approved a $13.5 billion budget and four-year plan, but tabled a $25 million proposal for service restoration.

For new Mayor Bill de Blasio, managing New York City's finances will involve more than the well-known challenges expired labor contracts and soaring health premiums.

New York's City Council approved a proposal to build a hockey and figure-skating center at the site of the former Kingsbridge Armory in the Bronx.

Uncertainty related to Detroit's bankruptcy filing resonates among P3 players, according to Allen & Overy's Kent Rowey, who advises on many such deals.

New York City upsized its general obligation bond sale by $100 million to $800 million, with a spokesman for city Comptroller John Liu citing investor demand.

New York City Comptroller John Liu, citing an audit that revealed unreported revenues, said Verizon has agreed to pay an extra $1.4 million in cable franchise fees.

The Rockland County Legislature voted 11-6 to adopt a budget with a more than 10% operating deficit on Thursday night.

New York City comptroller-elect Scott Stringer will explore expanded in-house asset management of five public-employee pension funds as a means of curbing investment fees.

Bank of America Corp. has agreed to settle a federal lawsuit accusing it of rigging bids for municipal bonds, according to a published report.