City of New York, NY

MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.

Sam Turvey of ReThinkNYC explores ways to make New York's Pennsylvania Station complex more functional and aesthetic. Paul Burton hosts (17 minutes).

Under the Transit Tech Lab accelerator program, companies can pilot their technologies with several New York region transportation agencies.

The change represents a doubling of related investments, Mayor Bill de Blasio and Comptroller Scott Stringer announced.

The funding also means the use of state-authorized lockbox funds from Internet sales and mansion taxes to prop up the operating budget is no longer necessary, which allows the agency to issue MTA bonds in 2021, to advance the 2020 to 2024 capital program.

The NYC comptroller will hold six webinars as part of the Minority- and Women-Owned Business Enterprises University series as Siebert Williams Shank's affiliated Clear Vision Impact Fund announced it has received $100 million in capital commitments from big business.

Johnson, in his announcement to run, emphasized New York’s recovery from the COVID-19 pandemic through effective use of federal stimulus dollars.

U.S. Deputy Transportation Secretary nominee and former New York City official Polly Trottenberg called it 'a project of national significance.'

The Beige Book suggests the economy is recovering, with optimism for 6-12 months ahead, while economists don't envision inflation rising enough for the Fed to take action any time soon.

Institutional pricing of New York City and competitive deals from Baltimore and Cambridge, Mass., should help give a sense of where yields are heading, while Ohio offers up GOs for a market that's been little changed for three days after a large sell-off.

By the end of March, more than 1,700 projects will have the go-ahead to resume, according to the mayor.

The sell-off in the back half of February brought negative 1.59% returns for the month and a negative 0.96% return for the year so far. Taxables and high-yields fared slightly better.

The market took a much-needed breather Friday and U.S. Treasuries pared Thursday's losses to see the 10-year fall 12 basis points to 1.42% and the 30-year 17 basis points to 2.11%. Municipals were steady at 1.14% in 10 years and 1.82% in 30.

Taxable deals and refinancings fueled the 2020 volume spike as issuers adjusted to the coronavirus. The pandemic still looms over 2021.

Jonathan Bowles of Center for an Urban Future explores how New York City could benefit from a green public works program. He also calls for unlocking the potential of CUNY and improving the city's capital construction process. Paul Burton hosts (17 minutes).

Mainstreaming some emergency measures would provide the Department of Design and Construction more contracting flexibility, said first deputy commissioner Jamie Torres-Springer.

Federal Highway Administration officials have told the mass transit agency they would fast-track an environmental review process.

"We need to make realistic assumptions regarding our ability to achieve expected returns in the future," said North Carolina State Treasurer Dale Folwell.

Howard Cure of Evercore and Maria Doulis, formerly of the Citizens Budget Commission, explore New York City's fiscal variables amid the pandemic. Paul Burton hosts. (30 minutes). Recorded Jan. 26.

Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.