New York

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.

Las Vegas-style casinos would provide New York state's economy a badly needed boost, two upstate lawmakers said ahead of a looming referendum.

Standard & Poor’s on Oct. 17 raised its rating on New York City’s fiscal 2006 subseries H-1 and H-2 variable-rate demand bonds to AA/A-1 from BBB/A-2.

The New York City Industrial Development Agency approved a $328 million tax exemption for Related Cos. for its Hudson Yards development on Manhattan's West Side.

The New York City Transitional Finance Authority will kick off $1.2 billion of new money bond sales with a $650 million issuance on Oct. 23.

Standard & Poor's revised its outlook on Brooklyn Law School bonds to negative, and warned that law school enrollment could continue to decline nationwide.

Transit historian Peter Derrick says that whatever the cost, unifying New York City's regional commuter rail systems would pay economic dividends.

Nassau County, N.Y. overseer George Marlin of the Nassau Interim Finance Authority criticized the county government's proposed financial plan.

Moody's Investors Service downgraded Yeshiva University to Baa2 from Baa1.

Republican John Burnett exchanged barbs with Democrat Scott Stringer in a televised debate in the open race for New York City comptroller.

Lawrence Schloss, deputy comptroller for pensions and chief investment officer of the New York City pension funds, will step down on Oct. 18, city Comptroller John Liu announced.