Northeast

Fittingly, given dire warnings about unfunded pension liability, Allentown, Pa.'s City Council voted at the midnight hour for a $220 million water-and-sewer lease.

New York Gov. Andrew Cuomo is considering extending electric utility PSEG's control over the Long Island Power Authority.

A recently completed comprehensive reassessment of real estate is good news for the Philadelphia's debt ratios, according to the city's treasurer.

Philadelphia plans to sell $1.05 billion of bonds in the next nine months, city treasurer Nancy Winkler said.

A survey of customers of the Long Island Power Authority finds the lowest customer appreciation in the survey's history.

New York City Mayor Michael Bloomberg announced plans to transform the iconic Kingsbridge Armory in the Bronx — vacant since 1996 — into the world's largest indoor ice facility.

The Massachusetts Gaming Commission voted to open the southeastern casino region to commercial developers and left the door open to local Indians.

The Allentown, Pa., City Council late Thursday night approved a $220 million water-and-sewer lease deal with the Lehigh County Authority, with proceeds to erase unfunded pension liability.

New York Gov. Andrew Cuomo is considering expanding electric utility PSEG's control over the Long Island Power Authority as an alternative to privatization of LIPA.

Philadelphia has hired JPMorgan and Loop Capital Markets to sell its gas utility, in a deal the city expects to fetch more than $1.3 billion.