New York

The sale reflects the strength and demand of New York state paper.

George "Jay" Wheatley is the latest Citi banker to join Raymond James.

The New York City Transitional Finance Authority is set up to refund Build America Bonds as part of a $2.11 billion deal slated to land in the market this week.

Work is expected to be completed in 2038 and ultimately provide four rail tunnels for Amtrak and NJ Transit trains between New York and New Jersey.

The New Terminal One project was able to flex its construction progress, which the P3 backers say may have encouraged investors in a deal upsized by $1 billion.

The City Council-approved deal spends big on education and housing and reverses earlier cuts, but analysts are wary of the city's budget practices.

Gov. Kathy Hochul's "pause" on congestion pricing puts a $16.5 billion hole in the Metropolitan Transportation Authority's capital plan.

In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.

The Westchester Joint Water Works agreed to build a $138 million filtration plant by July 2029 under a consent decree with the U.S. EPA and federal prosecutors.

The low-investment-grade offering for a high-profile public private partnership stood out in a crowded airport sector.