- New York
New York’s capital projects were financed with debt for 56% of the costs in fiscal 2010 compared to 42% in fiscal 2001, according to a report released Tuesday by the state comptroller’s office.
November 30 - New York
Nassau County, N.Y., plans to competitively market $125 million of general obligation bonds this week as questions linger about its finances.
November 30 -
The controversy over the Atlantic Yards development project in Brooklyn spawned lawsuits, protests — and now a theater production.
November 24 -
New York City Comptroller John Liu on Wednesday urged Congress to extend the taxable Build America Bond program.
November 24 - New York
New York Gov. David Paterson will press lawmakers to act to close a $315 million current-year deficit in an extraordinary session of the Legislature scheduled for Monday.
November 24 -
Former political adviser Hank Morris last week pleaded guilty in a pay-to-play kickback scheme involving the New York State pension fund.
November 24 - New York
A New York credit created last year to finance certain workers’ compensation costs will finally debut next week. The Dormitory Authority of the State of New York plans to sell $97 million of taxable pledged assessment bonds, which are expected to price Dec. 2.
November 23 -
New York is likely to impose a property tax cap next year but its effectiveness could depend on local decision-makers, according to a commentary published Monday by a government think tank.
November 22 -
New York is reaching out to retail investors with a website launched to coincide with a $1.1 billion personal income tax bond deal next week. The deal is the first to appear on the site, which went live last month, and with a glut of year-end issuance driving muni rates sharply higher recently, extra marketing couldn’t hurt.
November 19 -
California, New York, and Illinois are making a play for more than $1.2 billion of high-speed rail funding that was awarded to two Midwestern states whose Republican governors-elect plan to reject the grants.
November 19 - New York
New York City will lower its assumed rate of return on its pension funds, which will increase the amount the city contributes, Comptroller John Liu said Thursday.
November 18 - New York
The Municipal Bond Club of New York raised $3,500 for the East Harlem Tutorial Program at its second annual fundraiser on Nov. 4.
November 18 -
New York attorney general and Governor-elect Andrew Cuomo sued former Quadrangle Group principal Steven Rattner Thursday over his alleged role in a widespread kickback scheme to obtain investments from New York’s largest pension fund, the $135 billion Common Retirement Fund.
November 18 -
The New York State Thruway Authority approved a $1.1 billion budget Wednesday with no plans to issue general revenue bonds in 2011 for capital projects. Instead, the agency plans to roll over its $680 million of outstanding bond anticipation notes that are due in mid-2011.
November 17 -
New York’s Metropolitan Transportation Authority projected that lower returns on pension fund investments would widen out-year budget gaps, officials announced during a budget presentation Wednesday.
November 17 -
New York’s Metropolitan Transportation Authority tabled the selection of a new underwriting syndicate after a board member questioned the choices at a finance committee meeting Monday.
November 15 - New York
Silverstein Properties Inc. could use up to $200 million of tax-exempt recovery zone facility bonds to help finance office towers at the World Trade Center site, the developer and deal participants said Monday.
November 15 -
When Adelphi University in Long Island, N.Y., goes to market this week with $25 million of tax-exempt bonds, it will use a resurrected conduit issuer to get around the lack of industrial development agency financing.
November 12 - New York
Some of the people named to New York Governor-elect Andrew Cuomo’s transition team on Thursday are familiar names to the municipal bond industry.
November 11 - New York
The New York Municipal Bond Bank Agency plans to market $50.7 million of bonds on behalf of five counties next week in its third pooled offering utilizing stimulus programs.
November 10


