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The deal comes following several toll increases — which have bolstered the authority's credit — that have also compelled a state senator to introduce a bill that would dissolve the authority.
January 29 -
Katz is well known for guiding operational improvement and expense control in the financial services sector, his new employer said.
January 22 -
Hochul's budget proposal for fiscal 2025 would preserve New York State's reserves at $19 billion.
January 22 -
Mr. Laverty spent most of his life living and working in New York City as a municipal bond underwriter for several Wall Street firms.
January 19 -
"Hiring Giles along with other senior and experienced hires over the last year demonstrates our deep commitment to public finance at a time when our competitors are laying off in droves or retrenching from the sector entirely," said Suzanne Shank, president and CEO of Siebert Williams Shank.
January 19 -
The top five bond financings have an average dollar volume of more than $917 million.
January 18 -
"Some have called on us to use our rainy-day fund to cover asylum seeker needs. We do not agree and neither do our city and state comptrollers as well as the bond rating agencies and fiscal experts," said NYC Mayor Eric Adams.
January 17 -
Bonds issued through the Westchester County Local Development Corp. will create a centralized base for the nonprofit's blood distribution and lab operations.
January 16 -
The 2025 state budget would provided $2.4 billion to New York City to pay for the costs of caring for a rising influx of migrants, which includes taking $500 million from reserves.
January 16 -
Proceeds from the PMT green bond sale will be used to finance transit and commuter projects that have been approved in the N.Y. MTA's capital programs.
January 16