Northeast

The New York City Capital Resource Corp. gave final approval Tuesday to the issuance of $19.7 million of recovery zone facility bonds for a Harlem hotel as it tries to get deals out the door before the program expires at the end of this year.

Public bus service in Nassau County, N.Y., could be privatized after talks on Monday between the Metropolitan Transportation Authority and the county executive produced no resolution in a funding dispute.

The New Jersey Educational Facilities Authority approved the appointment Monday of James Stephen Poole, a former director of the state’s Office of Public Finance, to head the higher-educational bonding agency.

Requiring local government employees and retirees in New York to pay a share of health insurance premiums could save more than $1 billion annually, according to a think tank report released Monday.

Harrisburg last week made a debt-service payment of $305,952 due Nov. 15 on Harrisburg Redevelopment Authority bonds that the city guarantees.

Higher spending and lower revenues than anticipated in New York have created a $315 million mid-year budget gap, the state Division of Budget said in a midyear report last week.

The Essex County Improvement Authority this week may vote on an $89 million real-estate lease-back bond deal that will help Newark balance its 2010 budget.

Standard & Poor's last week changed the outlook on Atlantic City to negative from stable as New Jersey's gambling center addresses property-tax appeals and restrictions on its ability to generate additional revenue. The agency rates the city A.

Nassau County, N.Y., received its first rating downgrade in a decade last week as it prepared to market and remarket at least $463 million of general obligation debt.

A plan to enter Pittsburgh's parking facilities into a long-term lease agreement with a private operator came back to life Thursday after a City Council member moved to revise the deal.