New York

New York State Comptroller Thomas DiNapoli announced the appointment of Vicki Fuller as the new chief investment officer for the $150.3 billion New York State Common Retirement Fund.

Nassau County, N.Y., Comptroller George Maragos released the audited comprehensive annual financial report for fiscal year 2011, which confirms the county’s budget deficit of $50.4 million.

In the week's largest deal, the New York City Transitional Finance Authority will sell $1.2 billion of new money and refunding bonds on Wednesday. Proceeds will finance the city's capital expenditures and school projects.

New York City leads the list of municipalities in danger of exceeding the state constitutional tax limit, according to a report by New York State Comptroller Thomas DiNapoli.

Joining a lower Manhattan real-estate scramble, New York's issued a request for proposals to oversee retail space in its planned Fulton transit center.

Jackson Securities LLC is being spun off by Atlanta Life Financial Group. Subject to regulatory approval, Jackson will merge with New York-based M.R. Beal & Co.

The Port Authority of New York and New Jersey board on Wednesday approved up to $2 billion of financing, including a $500 million and $1.5 billion sale of consolidated refunding bonds, for the World Trade Center project.

The New York Liberty Development Corp. plans to re-offer in three issues around $1.6 billion of bonds that were first sold in 2009 and 2010 to finance development at the World Trade Center site.

Standard & Poor's raised its long-term and underlying ratings to BBB from BBB-minus on various Yankee Stadium bonds, affecting about $1.3 billion of New York City Industrial Development Agency debt.

New York's Metropolitan Transportation Authority responded angrily to Thomas DiNapoli's audit that accused the transit agency of giving Apple an inside advantage for a lease for prime retail space at Grand Central Terminal.

The New York State Thruway Authority received three proposals from teams that are vying for the opportunity to design and build a replacement for the existing Tappan Zee Bridge.

After being postponed a week, the NYU Hospitals Center's $250 million taxable bond sale will come to the market sometime this week — possibly as early as Tuesday.

The MTA, whose sheer enormity makes it an easy target for critics, was in feel-good mode even while acknowledging it many financial challenges.

The Upper Mohawk Valley Regional Water Finance Authority's settlement with New York Canal Corp. is a credit positive, Moody's Investors Service said

New York's State Department of Health made $32.9 million in Medicaid overpayments during a five-year period, according to audits released by Comptroller Thomas DiNapoli.

Jay Walder, the chief executive of Kong Kong's MTR Corp. and former chairman of New York's Metropolitan Transportation Authority, signed a 25-year public-private partnership with Hangzhou, China, to build a subway line.

Ridership on Port Authority Trans-Hudson, or PATH trains, is on pace to set a record for the second consecutive year.

The Dormitory Authority of the State of New York board approved $1.1 billion of financings for higher education and health care institutions, including a $940 million personal income tax revenue bond program.

New York's Metropolitan Transportation Authority introduced a financial plan on Wednesday that projected a $46 million cash surplus rolled into each of the next two years, but also deficits from 2014 to 2016 that range from $14 million to $231 million.

Officials involved with the new Tappan Zee Bridge project promised openness and transparency but still did not have a plan of financing for project costs.