New York

Standard & Poor’s has raised its long-term rating on the village of Nyack, N.Y.’s general obligation debt to A from A-minus. The outlook is stable.

The Port Authority of New York and New Jersey sold $595 million of consolidated bonds in two competitive offerings on Wednesday.

The New York City Municipal Water Finance Authority priced $441 million of second resolution, fixed-rate tax-exempt new-money bonds Wednesday.

New York City and private real estate officials broke ground Tuesday on a 26-acre development at Hudson Yards, once the single largest piece of undeveloped property in Manhattan.

With a new financial team and a brighter outlook, the city of Yonkers will come to market for the first time in a year with $105 million of general obligation and school bonds on Tuesday.

Joining the bridge and tunnel crowd, Kroll rated about $900 million worth of bonds that New York's Triborough Bridge and Tunnel Authority intends to sell.

Mayor Michael Bloomberg's plans for New York City after Hurricane Sandy won't include seawalls, but levees, jetties, berms and dunes could be in the works.

Speaking in Washington before a Senate panel, Joseph Lhota, chairman of New York's MTA, urged federal help for his hurricane-battered transit system.

New Yorkers could face an extra $43 billion in taxes if Congress fails to act on the fiscal cliff, according to Comptroller Thomas DiNapoli.

Nassau County is planning to sell $260 million of tax anticipation notes for cash flow purposes on Thursday. A portion of the proceeds will go toward financing storm-related costs.

The Dormitory Authority of the State of New York's board on Wednesday approved $175 million of new financings for healthcare, higher education, and non-profit institutions.

The need for New York's MTA to borrow up to $4.8 billion using short-term recovery notes for Hurricane Sandy costs is a credit negative, according to Moody's.

The Port Authority of New York and New Jersey is scheduled to sell $595 million of consolidated bonds in two series on Wednesday. Proceeds will finance capital expenditures for the authority's tunnels, bridges, and PATH train.

Metropolitan Transportation Authority Chairman Joseph Lhota deflected speculation about his viability as a mayoral candidate after leading the MTA through Hurricane Sandy.

New York’s tax collections through October continued to fall below expectations, according to a cash report released by state Comptroller Thomas DiNapoli.

New York City Comptroller John Liu called for "green apple" bonds to rid public school light fixtures of PCBs by 2015; he said the city would save $339 million.

The New York City Municipal Water Finance Authority has planned a $435 million sale of new money bonds on Tuesday, after a one-day retail order period.

Battered by Hurricane Sandy, New York's Metropolitan Transportation Authority may be on the hook for an estimated $950 million, even after reimbursements.

Moody's has placed New York University Hospitals Center's A3 bond rating under review, after the continued closure of Tisch Hospital following Hurricane Sandy.

Saratoga Housing Authority’s spending controls are too lax, according to an audit released by New York State Comptroller Thomas DiNapoli.