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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.
February 27
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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.
February 23
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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.
February 22
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Buyers are watching warily from the sidelines as the deals sell into an uncertain market environment
February 22
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Municipal bond buyers were wary of possible interest rate increases, as issues from Los Angeles, New York and Utah hit the market.
February 21
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The municipal bond market saw more supply sail its way on Wednesday as three big offerings hit the screens.
February 21
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JPMorgan will be first company to develop a major project under New York City’s East Midtown rezoning.
February 21
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The municipal bond market was giving a warm welcome to several new deals that hit the screens on Tuesday.
February 20
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Municipal bond traders returned from a three-day weekend to see NYC bonds priced for retail investors as big auctions from the Treasury Department loomed.
February 20
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The municipal bond market will see $5.8 billion of new deals hit the screens, somewhat slaking investor's thirst for new supply
February 16
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The muni market to see $5.8 billion of new deals hit the screens next week, somewhat satisfying investors' thirst for new supply.
February 16
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New York City Council member Robert Cornegy Jr. called the city administration's management of public housing incompetent.
February 15
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Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.
February 13
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Three banks are providing a revolving loan fund of $40 million to two New York City programs that help minority and women-owned business enterprises.
February 12
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Gross city product rose only 1.2% in the fourth quarter. according to the city's comptroller.
February 9
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Municipal bond buyers looking for deals will again have to be satisfied with a smaller-than-average calendar for next week.
February 9
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Proceeds from New York City’s upcoming sales of $1.4 billion of bonds will be used to fund various capital projects, the city announced on Tuesday
February 6
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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.
February 5
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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.
February 5
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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.
February 2
