New York

New York City Mayor Michael Bloomberg Thursday announced the creation of a new bonding authority that would access the capital markets for nonprofit organizations throughout the city.

The Whitney Museum of American Art plans to borrow $125 million of tax-exempt bonds in mid-July to help finance construction of its new location in Manhattan's meatpacking district.

The Port Authority of New York and New Jersey has selected three consortiums to bid on a $1.5 billion replacement of the Goethals Bridge.

The New York State Tobacco Settlement Financing Corp. in late June plans to refinance $975 million of tobacco revenue bonds backed by the state's appropriation pledge.

The New York State Thruway Authority on Tuesday will sell $440 million of tax-exempt debt in a negotiated transaction to reimburse the state for expenses related to its multi-year highway and bridge capital program.

The New York State Environmental Facilities Corp. is scheduled to sell $193.56 million of new-money and refunding debt on Tuesday.

New York Gov. Andrew Cuomo last week filed legislation that would authorize $80 million of Empire State Development Corp. bonding for the State University of New York system and enable SUNY schools to boost tuition rates during the next five years.

Jonathan Ballan, no stranger to public service, was appointed this week to the New York Metropolitan Transportation Authority’s board.

The Dormitory Authority of the State of New York Thursday will sell $684.2 million of tax-exempt and taxable personal-income tax revenue bonds through competitive bid.

The Port Authority of New York and New Jersey will sell up to $1 billion of taxable bonds this summer to help finance construction of One World Trade Center in lower Manhattan.

New York City tax collections during the next four years will come in $5.56 billion above Mayor Michael Bloomberg’s revenue projections, according to a report from the city’s Independent Budget Office.

Nassau County residents this summer could weigh in on a $400 million borrowing to help finance two new sports facilities on Long Island.

New York City Mayor Michael Bloomberg Friday released a $66 billion executive budget for fiscal 2012.

The Internal Revenue Service is auditing $20 million of Series A bonds issued in December 2005 by the City School District of Middletown in Orange County, N.Y. The audit was disclosed Monday in an event notice the issuer filed with the Municipal Securities Rulemaking Board’s online EMMA system.

Whether the New York Insurance Department can appeal a ruling that ordered it to hand over e-mails and documents regarding the restructuring of bond insurer MBIA Insurance Corp. could be decided soon.

New York's Metropolitan Transportation Authority Thursday announced that it plans to sell three buildings on Madison Avenue in midtown Manhattan to raise about $150 million.

New York City is looking for financial, pricing, and swap advisory services to assist it and its issuers as they plan to sell $29 billion of new-money bonds from fiscal 2012 through 2015.

WASHINGTON — The Internal Revenue Service is auditing $228.1 million of “green” bonds issued in February 2007 by the Syracuse, N.Y., Industrial Development Agency to determine if they violated tax laws.

A new mixed-use development adjacent to Manhattan will provide up to 5,000 new housing units for New York City, with tax-exempt bonds helping to finance the first phase of the project.

Silverstein Properties Inc. anticipates a mixture of fixed-rate and variable-rate debt will grab lower all-in costs on an upcoming Liberty revenue bond deal to help finance construction of Tower 4 at the World Trade Center.