New York

Moody's Investors Service has downgraded the New York Thruway Authority's senior lien bonds to A2 from A1.

The Port Authority of New York and New Jersey reached a financial closing on a $1.5 billion P3 to replace the Goethals Bridge with a cable stayed design bridge.

The New York City Municipal Water Finance Authority intends to sell $375 million of new money bonds on Wednesday, after a one-day retail order period.

The State University of New York promised to restore ambulance service to Brooklyn's Long Island College Hospital on Friday after opponents of the facility's closure threatened legal action, arguing the cancellation violated a Sept. 4 court order.

The Suffolk County, N.Y. legislature approved a budget for 2014 that includes tax anticipation notes equal to 14.3% of 2014 expenditures.

Texas voters approved a $2 billion water bond program Tuesday in the largest of many bond related issues voters decided in the off-year.

As Bill de Blasio prepares to become New York City's next mayor, the first Democrat in two decades, bond markets are taking a wait-and-see approach toward a city rife with fiscal uncertainty.

The New York City Council approved plans for a 630-foot observation wheel and outlet mall adjacent to the Staten Island ferry terminal.

Fitch Ratings lowered the outlook on Monroe County's general obligation bonds' A-minus rating to negative from stable on Wednesday.

Standard & Poor’s dropped the New York State Thruway Authority general revenue bonds to A from A-plus Tuesday.

The Long Island Power Authority offered to redeem up to $2.5 billion of its bonds as part of an overhaul intended to lower electricity rates to its customers.

Collaboration after Hurricane Sandy should serve as a model for government at all levels, Gov. Andrew Cuomo said on the one-year anniversary of the killer storm.

The Nassau County legislature voted to adopt a 2014 budget with an 8.1% structural deficit Monday afternoon.

Scott Stringer says his government savvy makes him best suited for New York City comptroller, an office that oversees the city’s bond program and pension funds.

A federal court in New York delayed the sentencing of former UBS Banker Mark Zaino to Dec. 12 for his role in rigging municipal bond contracts.

New York MTA's $200 million in catastrophe bonds to cover storm surge risk are one example of Hurricane Sandy's effect on public finance.

The county executive for what many consider to be the most fiscally-stressed government in New York, Rockland County, is proposing a budget with at 16.7% deficit.

The New York City Transitional Finance Authority sold $1.1 billion future tax secured fixed-rate subordinate bonds, a spokesman for city comptroller John Liu said.

New York Comptroller Thomas DiNapoli predicted that the New York City securities industry will make 37% less profits than last year, with repercussions for professionals and tax revenues.

A newly announced nanotechnology center for a suburb of Utica, N.Y. is credit positive for the Mohawk Valley region, Moody's Investors Service said.