Metropolitan Transportation Authority

Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.

New York MTA inspector general rails at lax contractor evaluations

Annual debt service could spike to $4 billion by 2024, or up 55% since 2019, making up 24% of the agency's total revenues, Thomas DiNapoli said.

Municipal bond issuers are coming market at a 26.2% faster pace than they were at this point last year.

The transit authority, reeling from the effects of the coronavirus, takes another hit from Wall Street.

In a federal complaint, they accuse the fund manager of increasing risky bets while the market was imploding from the coronavirus pandemic.

A project to bring train service to LaGuardia Airport is closer to breaking ground despite the fiscal headwinds created by the COVID-19 pandemic.

Pledging the payroll mobility tax would get the authority a lower Municipal Liquidity Facility interest rate, board member Lawrence Schwartz said.

Lisa Daglian, executive director of the Permanent Citizens Advisory Committee to the MTA, and MTA board member Andrew Albert say supporting mass transit is the best way to rejuvenate the economy in New York and nationally. Paul Burton hosts. (27 minutes)

With Congress gridlocked over the coronavirus rescure package, the nation's largest trasit authority may have to look for other options.