City of New York, NY

The long-discussed pieces of the budget — a "pied-à-terre" tax, climate law changes, and higher education spending — have finally come together. 

The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.

The pace of New York budget negotiations appears to be accelerating, six weeks into the fiscal year, but announcements so far have been light on fiscal policy.

Three negative outlooks and choppy market conditions weren't ideal conditions for a massive $2.6 billion bond issuance, which was trimmed to $2.3 billion.

The MTA's goal to monetize its vast property portfolio could bring 300 homes to Crown Heights. 

Three rating agencies now have negative outlooks on New York City. 

The Aa2 rating was affirmed, but the negative outlook could raise the stakes as New York lawmakers debate the city's budget gap.

Mamdani's first proposal showed the worst-case scenario to close New York City's budget gap. He wants the state's help.

Bonding should increase in the next few years to address aged state and local infrastructure, Moody's Vice President Dan Seymour said.

New York City is in a challenging and defining time, and Mark Levine, a former City Council member and Manhattan borough president who will deliver a keynote address at The Bond Buyer's National Outlook event this Thursday, will play a key fiscal role.

New York City's longtime bad budgeting habits are coming back to haunt it, said Mark Levine, who was sworn in as comptroller this month.

New York Mayor-elect Zohran Mamdani named Sherif Soliman, a veteran of three mayoral administrations, as New York City's budget director.

Three casinos are betting billions of dollars on the New York City market. The state is hoping to cash in, too.

A New York state board advanced three proposals to build casinos in New York City, two in Queens and one in the Bronx.

Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds even as investors brace for policy shifts under mayor-elect Zohran Mamdani.

Keohane was described by colleagues as a deep thinker with an encyclopedic knowledge of New York public finance law and a great sense of humor.

New York will license up to three casinos in New York City. What returns can the state and expect on new entrants to an increasingly crowded gambling market?

City and state law mean it's unlikely that Mamdani will be able to enact the parts of his agenda that would have major impacts on the city's credit. 

The Dormitory Authority of the State of New York and New York City both saw billion-dollar-plus deals oversubscribed. 

The Trump administration's latest attempt to pull MTA funds comes after an audit of railway worker safety risks.