City of New York, NY

The declaration could expedite contracting for repairs at NYCHA units through limited city use of design-build project delivery.

As the New York City Council held its first hearing on Mayor de Blasio’s $88.67 billion preliminary budget, "Washington" and "Albany" loomed over the proceedings.

California came roaring into the market on Tuesday, beating out the storm to appeal to both retail and institutional investors.

Investors will be rewarded for their patience with the year's biggest weekly issuance calendar, including a deal from the market's No. 1 issuer.

While the mood remained tentative on the last day of the week, the municipal market looks forward to the upcoming $7.5 billion of new supply headed its way.

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.

Officials say the law's ban on advance refundings may cost the city $425 million in savings over four years and that changes in state law are needed to offset the damage from the limit on the state and local tax deduction.

Comptroller Scott Stringer said the budget cushion in Mayor Bill de Blasio’s preliminary fiscal 2019 budget is inadequate to ward off any problems as New York's economic expansion slows.

New York City had little difficulty completing over $1 billion of bond sales in competitive and negotiated deals on Thursday, even amid concern over rising interest rates.

Buyers are watching warily from the sidelines as the deals sell into an uncertain market environment