Northeast

The Garden State may be facing a more than $10 billion shortfall through the end of next fiscal year, according to Treasurer Elizabeth Maher Muoio.

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

Voters soundly defeated a measure to replace the city's mayor-council system, with its direct mayoral election, with a council-manager government structure.

Developers say construction will continue on the 310-unit apartment complex in Gainesville, near the University of Florida, during the Chapter 11 process.

While their regions, sizes and funding streams vary, several mass transit systems underscored the dire need for additional federal funding.

Declining state support and COVID-19-related funding pressures triggered a second downgrade to New Jersey City University in advance of a $52 million borrowing.

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.

Uncertainty surrounding whether colleges and universities can safely open their doors this fall adds stress to the already challenged higher education sector.

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