Northeast

The New York City Council approved plans for a 630-foot observation wheel and outlet mall adjacent to the Staten Island ferry terminal.

Fitch Ratings lowered the outlook on Monroe County's general obligation bonds' A-minus rating to negative from stable on Wednesday.

The Dauphin County, Pa. commissioners voted to approve $170 million in revenue bonds related to the parking lease deal in Harrisburg, Pa.'s debt-recovery plan.

Traffic and toll revenues are ramping up on Maryland Transportation Authority’s $2.4 billion, 19-mile Intercounty Connector built to relieve congestion in the Washington area.

The Massachusetts School Building Authority passed $10 billion in infrastructure financing since its 2004 inception, state Treasurer Steven Grossman announced.

A court decision awarding the equivalent of 20% of Atlantic City's annual revenues to a local casino is a credit negative for the city, Moody's Investors Service said.

Massachusetts will come to market next week with a $651 million sale of accelerated bridge program bonds in two credits.

Standard & Poor’s dropped the New York State Thruway Authority general revenue bonds to A from A-plus Tuesday.

The Long Island Power Authority offered to redeem up to $2.5 billion of its bonds as part of an overhaul intended to lower electricity rates to its customers.

Trimont Real Estate Advisors will replace AEW Capital Management as asset manager for the proposed $260 million Harrisburg, Pa., parking deal.