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New York City has begun another round of applications for recovery zone facility bond financing, even though it has already selected projects that would use its entire $121 million allocation.
August 13 - New York
A decision more than a year ago to invest in financial modeling that addresses New York’s complicated finance laws paid off for Loop Capital Markets Inc.
August 11 - New York
Nassau County, N.Y., plans to competitively sell $141.7 million of general obligation bonds Wednesday.
August 9 -
The Port Authority of New York and New Jersey on Thursday approved a $1.2 billion expansion of a terminal at John F. Kennedy International Airport on behalf of Delta Air Lines and its partners.
August 5 - New York
The passage of the final piece of New York’s budget on Tuesday night clears the way for almost $2 billion of personal income tax bond deals to move forward next month.
August 4 - New York
The New York City Capital Resource Corp. on Tuesday gave final approval to $28 million of recovery zone facility bonds to finance a cement facility on Staten Island.
August 3 -
Public sector spending on new institutional construction in New York City outpaced private spending during a recent two-year period, according to a building industry report.
August 2 - New York
New York City Mayor Michael Bloomberg appointed a chief investment adviser Monday to consult with his representatives about city pension funds.
August 2 - New York
New York City Mayor Michael Bloomberg last week said he wants to rein in employee pension costs. But what he didn’t mention in his remarks at the annual meeting of the board that monitors the city’s finances was debt service costs, which are consuming a rising level of the city’s tax revenue.
July 30 -
The Dormitory Authority of the State of New York gave final and preliminary approval to $1.15 billion of bonds at its monthly board meeting Wednesday.
July 28 -
New York’s Metropolitan Transportation Authority on Wednesday voted to hold hearings on fare and toll increases to help balance its 2011 budget.
July 28 -
New York’s Metropolitan Transportation Authority plans to release a $12.04 billion preliminary budget for 2011 today, officials said.
July 27 -
New York’s Metropolitan Transportation Authority hopes to replace a $634 million bond transaction scheduled for September with commercial paper, an agency official said Monday.
July 26 -
The New York State Thruway Authority approved a personal income-tax bond deal of up to $600 million at its monthly board meeting Wednesday.
July 21 - New York
New York City agencies are looking at possible public-private partnerships, but privatization isn’t a panacea for fiscal challenges, a senior city official said Tuesday.
July 20 - New York
New York likes to do things its own way. So when the U.S. Treasury Department began implementing a new housing bond program to help revive housing finance agencies hurt by the mortgage meltdown, the state’s biggest issuers of such bonds wanted to adapt it to their own business models.
July 16 - New York
New York’s still-incomplete budget continues to delay the sale of personal income tax bonds and, according to a report released Thursday, contains assumptions for $4.8 billion of revenue and savings estimates that may be overly optimistic.
July 15 - New York
New York City reached outside its top underwriting tier to find two firms to lead manage an $800 million general obligation refunding this month, the city announced Tuesday.
July 13 -
The Magen David Yeshivah in Brooklyn has received a forbearance from its insurer after failing to meet its financial obligations on a $38.5 million bond issuance.
July 12 -
WASHINGTON — New York City Comptroller John Liu is calling on the state’s congressional delegation to press the Internal Revenue Service to provide consistent and specific guidance on controversial issues surrounding the Build America Bond program.
July 8


