New York

Ending contributions to union annuity funds and pegging health insurance reimbursement to the lowest-cost carrier could save New York City $460 million, the Independent Budget Office said.

The federal government will cover 90% of Long Beach, N.Y.'s Superstorm Sandy-related expenses, the city's manager said Tuesday.

New York's MTA named veteran transit manager Joseph Leader senior vice president for its department of subways, succeeding the promoted Carmen Bianco.

New York Comptroller Thomas DiNapoli has reported that the state's industrial development agencies have improved their transparency but have to do more.

New York State needs to end its reliance on non-recurring revenues, Comptroller Thomas DiNapoli said in a report on government finances for fiscal 2013.

New York City Mayor Michael Bloomberg proposed a $69.8 billion executive budget that includes an additional $800 million in tax revenue beyond January forecasts.

New York University's Mitchell Moss said tolling the Van Wyck Expressway in Queens borough would generate a reliable revenue stream for the debt-strapped MTA.

New York State legislators will meet Thursday with officials of SUNY Downstate Medical Center to discuss a sustainability plan for a Brooklyn hospital that had been slated to close.

New York Comptroller Thomas DiNapoli has criticized Rockland County's budget as overly optimistic.

New York Gov. Andrew Cuomo is considering extending electric utility PSEG's control over the Long Island Power Authority.

A survey of customers of the Long Island Power Authority finds the lowest customer appreciation in the survey's history.

New York City Mayor Michael Bloomberg announced plans to transform the iconic Kingsbridge Armory in the Bronx — vacant since 1996 — into the world's largest indoor ice facility.

New York Gov. Andrew Cuomo is considering expanding electric utility PSEG's control over the Long Island Power Authority as an alternative to privatization of LIPA.

The Port Authority of New York and New Jersey voted Wednesday to use a public-private partnership to replace the Goethals Bridge between New York and New Jersey.

New York MTA chairman-designate Thomas Prendergast said favorable state aid might partially offset the size of a fare and toll increase in 2015.

New York's Metropolitan Transportation Authority completed its first bond transaction entirely managed and underwritten by minority- and women-owned firms.

Four of New York City's mayoral candidates discussed the city's finances, infrastructure, unfunded liabilities, and education at The Bond Buyer's 3rd Annual Tri-State Area conference Monday.

Variable-rate represents 8% of the total debt of New York's Metropolitan Transportation Authority and is well under its threshold, a finance official said.

The Long Island Power Authority trustees expect to approve John McMahon as the new chief operating officer today.

State Comptroller Thomas DiNapoli said New York's recently adopted "contains temporary resources and revenue assumptions that may fall short."