City of New York, NY

New York State's locally-owned bridges need $27.4 billion to repair aging infrastructure, according to the state's top fiscal officer.

The New York City Transitional Finance Authority said it plans to sell $850 million of tax-exempt fixed-rate future tax secured subordinate bonds on Wednesday, Oct. 18. There will be a two-day retail order period starting on Monday, Oct. 16.

The program to purchase and support affordable mortgages for New Yorkers will include an RBC unit and provisions for military veterans.

Bank of America Merrill Lynch held its No. 1 ranking among municipal underwriters as the biggest firms battled for deals in a shrinking market for new issuance.

Puerto Rico bonds plunged on Wednesday after President Donald Trump suggested the commonwealth’s debt needed to be “wiped out” to help the island recover from the devastation caused by Hurricane Maria.

Puerto Rico bonds took a big hit on Wednesday after President Donald Trump suggested the commonwealth’s debt needed to be “wiped out” to help the island recover from the devastation caused by Hurricane Maria.

Puerto Rico bonds took a hit on Wednesday after President Donald Trump suggested the commonwealth’s debt would need to be wiped clean to help the island recover from the devastation caused by Hurricane Maria.

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.

New York City will hit the market with negotiated and competitive sales on Thursday totaling over $1 billion.

Top quality municipal bonds finished weaker on Wednesday, traders said, as more large deals hit their screens.

Top-quality municipal bonds were weaker at mid-session, traders said, as the market is seeing more deals hit the screens.