New York

Proceeds from the sale would go to providing direct grants to non-profit organizations.

Monday's first phase of emergence from COVID-19 lockdowns will put the city and the Metropolitan Transportation Authority in a national spotlight.

The Queens Ballpark Co. LLC bonds for Citi Field were lowered to BB-plus from BBB by S&P, which cited uncertainties about the baseball season.

S&P Global Ratings lowered the Port Authority’s special project bonds issued of behalf of JFK International Air Terminal LLC to BBB from BBB-plus.

The bi-state agency can apply to use the Federal Reserve’s Municipal Liquidity Facility, if it chooses.

State leaders are reluctant to grant New York City more bond capability, and other city leaders want Bill de Blasio to further reduce his proposed spending plan.

The think tank bestows its highest honor for leadership in the New York metropolitan region to the American Triple I Partners chairman and former HUD secretary.

The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.

The path to recovery from the coronavirus — medical and economic — remains murky and unclear.

The mass transit system still holds a strong presence despite three bond rating downgrades amid the coronavirus, Chief Financial Officer Robert Foran said.

President Trump named Sarah Feinberg, a former FRA administrator, and Chris Koos of Illinois to the board of the quasi-public national passenger railroad.

The plans include personal income tax notes and a line of credit with a consortium of banks.

Mayor warns about a worsening budget picture amid possible roadblocks to further federal aid and more dire projections from watchdog IBO.

Congress should direct more COVID-19 relief dollars to higher ridership systems, think tank Regional Plan Association said.

An indefinite closure of New York retail businesses during the COVID-19 pandemic added credit pressure on revenue bonds issued for the state’s largest mall.

City officials and muni leaders remembered him as a passionate force behind bond issuance and a champion of career initiatives for youths.

Bringing bond denominations down to $1,000 would capture goodwill from New York residents and transit riders, said Mitchell Moss of New York University.

Cheng, a six-year veteran of the rating agency, will be a senior vice president of Citi's Institutional Clients Group.

This year's award recipients are New York City Comptroller Scott Stringer, city Deputy Director for Finance Alan Anders and Jefferies banker Kym Arnone.

The city comptroller is monitoring the markets amid a projected $8.7 billion revenue gap and a possible 22% unemployment rate by the end of June.