New York

New York City Mayor Michael Bloomberg repeated his cry for pension overhaul while introducing the city's $68.7 billion preliminary budget and four-year financial plan for fiscal 2013.

New York City's law department has issued a request for proposals to provide bond counsel and disclosure counsel services.

New York Gov. Andrew Cuomo signed a bill requiring the Long Island Power Authority to undergo periodic audits.

Nassau County, N.Y.'s state-appointed control board cut the county's requested bonding plan by one-third from $90 million, and again chastised officials for failing to provide a plan to save $150 million in labor costs.

Nixon Peabody LLP has elected Jeffrey Piemont as a partner in the law firm's New York office. He assumed his new duties Wednesday.

Janney Capital Markets has expanded the public finance unit in its New York City office with the hiring of two veteran bankers.

The Triborough Bridge and Tunnel Authority will offer a mandatory tender and purchase Tuesday of all three outstanding series of its variable-rate general revenue bonds, Series 2003 and 2005, totaling about $535 million.

The Dormitory Authority of the State of New York’s board has approved $534 million in financings for higher education and health care institutions.

The New York City Municipal Water Finance Authority priced $400 million of second-resolution, fixed-rate tax-exempt bonds through negotiated sale Tuesday.

New York Gov. Andrew Cuomo is proposing lightening the burden of Medicaid expenses on New York City and the state's counties.

The Metropolitan Transportation Authority may get needed relief from New York State for high borrowing fees connected with refunding bond sales, its executive director said Wednesday.

KeyBank broadened its coverage of municipal client relationships in the Northeast by opening a New York City office for its public sector group. The bank tapped industry veteran Jose Herrera as a senior vice president and senior relationship manager to run it.

The New York Racing Association has failed to implement significant financial reforms after its 2008 exit from Chapter 11 bankruptcy protection, according to an audit by New York State Comptroller Thomas DiNapoli released Tuesday.

The Dormitory Authority of the State of New York on Wednesday is scheduled to refund $122 million of Memorial Sloan-Kettering Cancer Center fixed-rate, tax-exempt revenue bonds, 2003 Series 1.

The New York City metropolitan region stands to lose billion of dollars through delays in infrastructure projects, the new executive director of the Port Authority of New York and New Jersey said Monday.

The New York City Municipal Water Finance Authority plans to sell $400 million of second-resolution, fixed-rate, tax-exempt new-money bonds Tuesday, after a one-day retail period.

New York City Comptroller John Liu’s office has launched a website, “MWBE Report Card NYC,” to track how much each city agency spends on minority- and women-owned enterprises. The address is mwbereportcardnyc.com.

The law firm Fulbright & Jaworski LLP recently promoted public finance attorney Michael Pikiel Jr. to partner in the New York City office.

Rockland County will ask the New York Legislature for authorization to issue up to $80 million of bonds to cover its operating deficit, and to raise its sales tax by three-eighths of 1% to cover those bonds.

The Port Authority of New York and New Jersey plans to auction $400 million of 171st Series consolidated bonds to support capital projects.