New York

The Long Island Association business group opposes New York Gov. Andrew Cuomo's proposed privatization of the Long Island Power Authority.

The New York Thruway Authority says it is in the process of obtaining a $1.5 billion TIFIA loan, but U.S. DOT guidelines indicate the loan would be at least $200 million less.

Standard & Poor's has downgraded Dowling College in New York to B from BB. The rating remains on CreditWatch with negative implications.

New York City Comptroller John Liu formally announced his candidacy for mayor, looking to become the first Asian-American to hold that office.

A judge has overturned a step by the State University of New York aimed at restoring financial health to the SUNY Downstate Medical Center.

The board of the Dormitory Authority of the State of New York approved $298 million in new bonds.

The New York City Municipal Water Finance Authority sold $543 million of second resolution, fixed-rate tax exempt refunding bonds.

Rochester, N.Y., will experience fiscal stress in the coming years, the office of New York Comptroller Thomas DiNapoli said in a recent report.

Fitch Ratings dropped Niagara Falls, N.Y. general obligation debt three notches to BBB from A late Thursday.

The New York City Pension Funds have reached agreements with Capital One, Citigroup and Wells Fargo to expand clawback policies, Comptroller John Liu announced.

While it continues to assess less visible Hurricane Sandy damage, New York's MTA must move quickly on initial repair work, according to federal guidelines.

The company that operates parking garages at Yankee Stadium and is staring at about $240 million of debt has hired bankruptcy counsel, according to a regulatory filing.

Although New York City's budget is balanced for now, significant financial risks lie ahead, according to a report by state Comptroller Thomas DiNapoli.

New York's Empire State Development Corp. is selling $827.5 million in highly rated bonds Wednesday.

The finance committee of New York's MTA approved up to $1.7 billion of transportation revenue bonds and Triborough Bridge bonds for capital projects.

Comptroller Thomas DiNapoli reported good news on New York State's fiscal-year revenues and spending, but also predicted that the optimism might soon fizzle.

Niagara Falls, N.Y. officials are warning that the city faces a possible financial crisis by late summer.

The cost of the East Side Access project to bring Long Island Rail Road service to Grand Central Terminal in New York City could cost nearly $9 billion when completed in 2019, New York State Comptroller Thomas DiNapoli said in a report Wednesday.

New York Comptroller Thomas DiNapoli has released a report saying New York authorities still need more accountability for their debt.

New York City's Municipal Water Finance Authority plans to sell $517 million of tax-exempt refunding bonds Tuesday, in its second issuance in two weeks.