New York

But capital funding, and fare and toll hikes remain areas of concern

New York State's inaugural 10-year capital plan needs more info about asset conditions and financing plans, said the Citizens Budget Commission watchdog agency.

Suffolk, Nassau and Rockland counties are among New York counties and municipalities have been added to New York Comptroller Thomas DiNapoli's fiscal stress list.

New York City sold about $1.022 billion of general obligation bonds on Wednesday and $356 million of retail orders over the two prior days, said a spokesman for city Comptroller John Liu.

New York City will enter a partnership with national purchase-order repository SmartProcure in an effort to reduce procurement costs, according to Comptroller John Liu.

New York’s Metropolitan Transportation Authority Board increased the number and percentage of minority- and women-owned firms that will participate in MTA bond deals.

The board of New York’s MTA approved a contract with Kawasaki Rail Car for up to $1.8 billion to design and build rail cars for LIRR and Metro-North Railroad.

Carmen Bianco's presidency of New York City Transit is now permanent, MTA Chairman Thomas Prendergast announced.

Long Island Rail Road and local private-sector unions have reached an agreement designed to reduce labor costs on seven major construction projects by nearly 11%.

The sentencing of former UBS banker Mark Zaino, who pleaded guilty of municipal bond bid-rigging, was rescheduled to Oct. 24 in a New York federal court.

To keep the ball rolling on building a new $3.9 billion Tappan Zee Bridge, the New York Thruway Authority will sell a $700 million bond anticipation note.

Fee increases for uses of city-operated athletic facilities produced far less revenue than anticipated, according to the New York City Independent Budget Office.

New York City intends to sell roughly $1 billion of general obligation bonds, according to a spokesman for Comptroller John Liu.

A runoff between Bill de Blasio and Bill Thompson could be necessary to decide the Democratic nomination for New York City mayor, while former MTA chief Joseph Lhota won on the Republican side.

Courts are forcing SUNY Downstate Medical Center’s Long Island College Hospital to resume services despite its loss of money.

Fitch Ratings downgraded the Long Island Power Authority's senior revenue bonds to A-minus from A.

Standard & Poor’s upgraded Syracuse University’s long-term debt to AA-minus from A-plus, citing growing enrollment.

A fight over the future of a Brooklyn hospital that potentially affects SUNY Downstate Medical Center’s ability to pay its debt of $154 million recently took two more sharp legal turns, as a judge ordered Downstate to transfer ownership of the money-losing facility -- then reversed the order three days later.

The New York City Housing Development Corp. intends to sell $655 million of capital fund grant program revenue, with JPMorgan Securities the lead manager.

New York Gov. Andrew Cuomo pointed to a positive report from Moody's Investors Service as a "strong affirmation" of improvement in the state's finances.