City of New York, NY

New York City’s economy is taking a $400 million a year hit from subway delays, according to an economic analysis released by City Comptroller Scott Stringer on Sunday.

Chicago-based Mesirow Financial is bulking up its municipal team with several hires on both coasts.

Mitchell Katz will continue the reorganization plan for the beleaguered city unit, said the mayor.

The Citizens Budget Commission in its FY17 progress report cited a drop in unique patients.

She said the plan was just one piece of a larger and more complex framework to address the city’s housing problem.

New York City agencies reportedly improved their performance in many categories including emergency response times.

Top-shelf municipal bonds were mixed at midday, according to traders, who are looking ahead to next week’s new issue calendar. Ipreo estimates total bond volume for next week at $4.72 billion.

Municipal bond traders on Friday are looking ahead to next week’s new issue calendar.

New York City hit the market with negotiated and competitive sales totaling over $1 billion Thursday as top-rated municipal bonds weakened.

Top-rated municipal bonds were weaker at mid-session, according to traders, as New York City hit the market with negotiated and competitive sales totaling over $1 billion.