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The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.
April 3
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The agency placed its ratings on the MTA’s Triborough Bridge and Tunnel Authority general revenue bonds and subordinate revenue bonds on watch-downgrade.
April 1
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Tom Prendergast and Denise Berger were hired by the engineering firm to spearhead major infrastructure needs facing the New York City region.
March 31
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Nicole Gelinas from the Manhattan Institute discusses the economic blows to New York City and the MTA from the pandemic, and options available. Paul Burton hosts the program, recorded one week ago.
March 31
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He is maintaining his full schedule and working at home, authority officials said.
March 30 -
The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.
March 25
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New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.
March 24
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The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.
March 20
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Questions about the impact of COVID-19 surround the state-run authority, which operates New York City transit and is one of the largest municipal issuers.
March 18
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Authority Chairman Patrick Foye cited plummeting revenue as riders stay home because of COVID-19
March 17
