New York

Galaxy General, Arverne by the Sea and Bluestone Organization will help rebuild homes destroyed by Hurricane Sandy under an RFO, New York City officials announced.

Moody's Investors Service downgraded the enhanced rating of bonds issued by DASNY for a school district to A3 from A2.

New York's Metropolitan Transportation Authority has awarded the first of three separate contracts for the East Side Access project, it announced Monday.

New York City can learn valuable lessons from Detroit's bankruptcy, Mayor Michael Bloomberg said, despite the contrasts between the two cities.

Moody's Investors Service has changed the ratings and/or outlooks of 181 New York localities participating in the New York State Section 99-B Intercept Program.

The New York City Employees' Retirement System has reinvested $15 million in State of Israel Bonds, city Comptroller John Liu announced.

All three major ratings agencies have downgraded Catholic Health Services of Long Island, N.Y., revenue bonds.

New York City sold $377 million of tax-exempt refunding general obligation bonds through negotiation on Tuesday.

New York's MTA has secured $200 million of insurance protection that will help pay for future repairs for storm damage to its infrastructure, the agency announced.

New York City subway and bus fares would rise by 50% by 2023 if the MTA continues with biennial 8.4% fare increases, said the Independent Budget Office.

Two leaders called for New York's state government to take steps to prevent local governments from ending up in bankruptcy.

New York City's sale of general obligation bonds this week included $327 million of retail orders during a two-day period that preceded the institutional sale.

New York City Comptroller John Liu called on the city's embattled Housing Authority not to raise $750 million in bonds, saying it's sitting on $700 million in capital already.

The Port Authority of New York and New Jersey approved selling up to $2 billion in taxable bonds for the World Trade Center at Wednesday's meeting.

New York's Metropolitan Transportation Authority is heading in the right direction with its move to issue storm-surge catastrophe bonds, according to a hurricane financing expert.

New York's school districts are turning their backs on the pension smoothing plan introduced by Gov. Andrew Cuomo.

Transit officials from several New York City-area agencies are talking about a new Penn Station by 2035, but that's far too late for Charles Moerdler.

New York sales tax revenue growth has been strong around New York City but weaker upstate in the first half of 2013, Moody's Investors Service said.

New York's MTA said Monday it would spend $18 million to restore and improve service on subways, buses and commuter trains that it cut sharply three years ago.

State Street Bank will succeed Bank of New York Mellon as master custodian for New York City's $137 billion pension system, Comptroller John Liu announced.