Northeast

The New York City Municipal Water Finance Authority priced $441 million of second resolution, fixed-rate tax-exempt new-money bonds Wednesday.

New York City and private real estate officials broke ground Tuesday on a 26-acre development at Hudson Yards, once the single largest piece of undeveloped property in Manhattan.

With a new financial team and a brighter outlook, the city of Yonkers will come to market for the first time in a year with $105 million of general obligation and school bonds on Tuesday.

Whether Rhode Island's pension law withstands a legal challenge is still uncertain, but one thing's clear: Judge Sarah Taft-Carter intends to hear the case.

Joining the bridge and tunnel crowd, Kroll rated about $900 million worth of bonds that New York's Triborough Bridge and Tunnel Authority intends to sell.

Mayor Michael Bloomberg's plans for New York City after Hurricane Sandy won't include seawalls, but levees, jetties, berms and dunes could be in the works.

The Vermont Student Assistance Corporation entered into the closing agreement with the Internal Revenue Service over $165 million of education loan revenue bonds they issued in 1998.

Gov. Lincoln Chafee suggests settlement talks with unions over the landmark pension overhaul law, while Treasurer Gina Raimondo wants the state to stand firm.

Speaking in Washington before a Senate panel, Joseph Lhota, chairman of New York's MTA, urged federal help for his hurricane-battered transit system.

Scranton, Pa., received a $14.7 million through a private placement Thursday with Janney, which cited positive indicators in the financially distressed city.