City of New York, NY

A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.

The federal tax overhaul and belt-tightening at the state level cast a pall of uncertainty over the $88.67 billion preliminary fiscal 2019 budget plan.

Although market conditions are not pristine, with rising yields and little primary action, market participants expressed reason to believe the first week of February will be a positive one.

Municipal bond yields are rising as buyers look ahead to another smaller-than-average slate of sales heading to market next week.

Gov. Andrew Cuomo's plan has drawn strong positive and negative reactions.

Bond traders and buyers will keep an eye on rising yields as the municipal bond market sees a smaller than average primary slate scheduled for sale next week.

Acknowledging budget clouds in Washington and Albany, Mayor Bill de Blasio said his spending plan aims to make New York 'the fairest big city in America.'

Known as “MWBE University,” Comptroller Scott Stringer's series of workshops is designed for such businesses to obtain certification and navigate the procurement process.

First Deputy Mayor Dean Fuleihan put the price tag at $425 million over four years.

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.

Key variables include how Gov. Andrew Cuomo and the MTA would use the roughly $1 billion projected for mass transit, New York City's role and how Albany would tweak the measure.

A wave of U.S. catastrophes has northeast municipal issuers scrutinizing resiliency options and how to fund them.

The New York City Economic Development Corp. has named Eric Clement to be senior vice president and head of its strategic investments group.

The City Council unanimously to extend the deadline for the filing of the mayor’s preliminary Fiscal 2019 budget by two weeks to Feb. 1 as city officials digested state budget plans announced Tuesday.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

Avi Fink, who had been the mayor's deputy chief of staff, will help manage the city's $86 billion expense budget and $16 billion capital budget for 2018.

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.

The municipal bond market was quiet Monday as traders waited for this week’s new issue sales to get underway with competitive deals on Tuesday from Massachusetts and Fairfax County, Va.

The municipal bond market on Monday is patiently waiting for this week’s new issue sales to get underway with competitive sales on Tuesday from Massachusetts and Fairfax County, Va.