New York

The New York City Transitional Finance Authority plans to market $750 million of triple-A rated subordinate-lien bonds this week, right on the heels of a $1.23 billion general obligation deal from the city earlier this month.

The Port Authority of New York and New Jersey Thursday moved forward with a freight-rail expansion program while offering little information on the future of a new passenger-rail tunnel that would run between New Jersey and Manhattan.

Housing developer AvalonBay Communities Inc. and partners will pay $2.2 million to settle a two-year-old discrimination case brought by the U.S. Justice Department regarding a bond-financed multifamily project in New York City.

The Port Authority of New York and New Jersey is considering a two-part financing structure with a private developer that would design, build, finance, and maintain a new Goethals Bridge, according to the request for qualifications for the project.

New York’s Metropolitan Transportation Authority plans to competitively price $347 million of Triborough Bridge and Tunnel Authority bonds Wednesday.

The Port Authority of New York and New Jersey plans to sell $850 million of traditional taxable bonds next week to finance construction at the World Trade Center site.

The New York City Health and Hospitals Corp. plans next week to market its first new-money bonds in seven years. The corporation plans to sell up to $225 million of taxable Build America Bonds and up to $500 million of tax-exempt refunding bonds Tuesday, following a one-day retail order period Monday.

The Metropolitan Transportation Authority at a special board meeting on Thursday approved fare hikes expected to yield an additional 7.5% in revenue.

New York City set a record for international orders on its $1.23 billion general obligation deal that priced on Thursday. Foreign buyers placed orders for $123.1 million of taxable Build America Bonds, Comptroller John Liu reported.

Former New York Comptroller Alan Hevesi pleaded guilty to a felony on Thursday in a pay-to-play kickback scheme. Hevesi admitted to accepting nearly $1 million in benefits in exchange for approving $250 million of pension fund investments.

Westchester County Executive Robert Astorino wants to join a lawsuit challenging the legality of a tax enacted last year to help fund mass transit capital projects in the New York City area, he announced Wednesday.

The New York Liberty Development Corp. plans to re-offer bonds sold last year to finance development at the World Trade Center site and “re-escrow” the proceeds for at least a month.

New York gubernatorial candidate Carl Paladino said Tuesday he would repeal a tax meant to support bonds for New York City transit projects, slash Medicaid, and cut personal income taxes.

New York State’s and New York City’s borrowing authorities plan to issue up to $8.77 billion of new-money bonds in the fourth quarter, according to a forward issuance calendar released Monday by the state comptroller’s office. The issuers also plan $1.24 billion of refundings and a $90 million conversion of variable-rate bonds.

The Dormitory Authority of the State of New York plans to begin institutional pricing on $1.36 billion of new-money personal income tax bonds on Monday. DASNY took retail orders on Thursday and Friday on the tax-exempt portion of the deal, which also includes traditional taxable bonds and taxable Build America Bonds.

New Jersey Gov. Chris Christie picked former state Attorney General David Samson to replace Anthony Coscia on Thursday as chairman of the Port Authority of New York and New Jersey.

New York City needs a more transparent and accountable system for implementing community benefits agreements with private developers that receive public subsidies, according to a task force ­convened by the city comptroller.

The oversight board that monitors ­Nassau County, N.Y., said the county’s proposed 2011 budget is not balanced due to risky assumptions.

The New York Metropolitan Transportation Authority’s finance committee approved a pool of banks Monday that could replace liquidity facilities on $4.6 billion of variable-rate bonds due to expire over the next four years.

The Clarkstown Central School District in Rockland County, N.Y., following an independent audit, has begun implementing procedures to better track capital projects and prevent adverse exposure to federal tax laws regarding accounting for bond proceeds.