New York

New York’s new state budget provides flexibility to deal with near-term revenue hits from COVID-19, but it has little bandwidth to withstand a deep recession.

Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.

More federal rescue moves are necessary for the nation’s largest mass transit system, according to the advocacy group Reinvent Albany.

Lawmakers approved a 2021 fiscal plan with mechanisms for spending reductions throughout the year because of economic headwinds caused by the COVID-19 pandemic.

The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.

Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.

Tom Prendergast and Denise Berger were hired by the engineering firm to spearhead major infrastructure needs facing the New York City region.

Banks failed to convince the court that the lawsuit doesn't meet the legal hurdles for a false claims action.

Actions by the Fed and the passage of the CARES Act have served to calm the markets to a large degree during the recent choppiness. These actions will ease the way for some deals to come to market this week.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

He is maintaining his full schedule and working at home, authority officials said.

The rapid spread of COVID-19 creates a great deal of uncertainty about the well-being of U.S. colleges and universities.

A shutdown of large public gatherings due to virus's pandemic cost the Manhattan cultural organization its investment grade rating.

Ratings for convention center financings and for hotels build to support the venues are under pressure.

Two baseball stadiums and a basketball arena face cash-flow hits from the COVID-19 pandemic.

They asked for a combined $4.4 billion.

New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.

Gerrard Bushell, executive chair of the New Terminal One Development Project at John F. Kennedy International Airport, discusses how the $7 billion public-private partnership is progressing under the leadership of New York Gov. Andrew Cuomo. Hosted by Andrew Coen.

The economic dislocations brought by COVID-19 led Fitch Ratings to drop the Long Island county to BBB-plus.

The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.