New York

The Port Authority of New York and New Jersey last week launched a nationwide search for a chief financial officer to replace Michael Fabiano, who has announced he will retire at the end of this year.

New York’s industrial development agencies supported 4,444 projects and provided nearly $500 million in net tax exemptions in 2010, but projects were down and cumulative job gains decreased by 22,000 from 2009, according to an annual performance report by state Comptroller Thomas DiNapoli.

The Dormitory Authority of the State of New York sold $86.3 million of New York University revenue bonds on Thursday.

New York State ended its 2011-12 fiscal year with major reductions in structural budget gaps, but tax receipts underperformed expectations for the fifth year in a row, according to a report released by the state comptroller on Monday.

Suffolk County’s larger than estimated deficit is a credit negative, Moody’s Investors Service said in a report last week.

Former Yonkers, N.Y., deputy mayor William Regan, who received a controversial last-minute spike in pay, also attempted in vain to receive thousands of extra dollars in unemployment pay, the Journal News of Westchester County reported.

New York's Metropolitan Transportation Authority on Wednesday approved a deal surrendering its vacant former downtown Brooklyn headquarters for use by New York University as an applied science center.

Nassau County, N.Y., is expected on Wednesday to sell $207.1 million of general improvement bonds in a competitive sale and $34.6 million of taxable bond anticipation notes in a negotiated sale.

Cities, counties and states continue to struggle with unfunded pension liabilities, prompting the question of whether pension obligations represent debt or values.

Buffalo, N.Y., on Tuesday auctioned $39.8 million of bonds in three series at the lowest interest rates in the city’s history.

The New York State Bridge Authority, which operates and maintains New York’s five vehicular bridges spanning the Hudson River, sold $93 million of general revenue bonds on Tuesday in a competitive sale.

Suffolk County Executive Steve Bellone announced his proposed 2013-2015 capital budget of $129.9 million.

Long Island County Executives Steve Bellone and Edward Mangano announced last week that Suffolk and Nassau counties will together save an estimated $1 million as a result of a cooperative bid for the purchase of wastewater treatment and pool chemicals.

New York Gov. Andrew Cuomo has announced a $17.1 million investment for New York Works projects that will call for 31 flood-control systems and dam repair projects in western New York.

New York's Metropolitan Transportation Authority increased its transportation revenue bond issue on Tuesday by 30%, to $729.1 million from an estimated $556 million during retail pricing.

The New York City Transitional Finance Authority sold $900 million of future tax-secured, fixed-rate new money subordinate bonds.

The New York Energy Highway Task Force, appointed by Gov. Andrew Cuomo to implement the energy highway initiative, issued a request for information on April 11.

The city of Long Beach’s administration last week proposed an $87.9 million budget for the fiscal year 2012-2013, with roughly $4 million going toward the repayment of a portion of the 2011-2012 projected deficit.

The country's largest mass transit system will go to market with $600 million of transportation revenue bonds on Tuesday, with retail pricing on Monday.

The Port Authority of New York and New Jersey is expected to pay $60.3 million to BNP Paribas Capital Services Inc. on Monday after settling on a credit swap the bank previously announced it would terminate.