Port Authority of New York & New Jersey

One of the nation’s largest transportation borrowers issued its first bond disclosure about the fiscal impacts from the COVID-19 pandemic.

Volume is down sharply across the Port Authority of New York and New Jersey's transportation assets since the March COVID-19 outbreak.

Tom Prendergast and Denise Berger were hired by the engineering firm to spearhead major infrastructure needs facing the New York City region.

Of $10 billion allocated in the CARES Act, public airports can use $7.4 billion for any lawful purpose, including the payment of debt service.

The bi-state transportation agency's executive director, Rick Cotton, recovered from virus than three weeks after testing positive.

They asked for a combined $4.4 billion.

Gerrard Bushell, executive chair of the New Terminal One Development Project at John F. Kennedy International Airport, discusses how the $7 billion public-private partnership is progressing under the leadership of New York Gov. Andrew Cuomo. Hosted by Andrew Coen.

Port Authority of New York and New Jersey Executive Director Rick Cotton plans to maintain day-to-day operations from home after a positive coronavirus test.

A key New Jersey link to the long-stalled Gateway Tunnel project under the Hudson River into Manhattan cleared a major barrier for federal funding Monday and now awaits clearance from the White House.

Private sector involvement will fuel timely completion of a large-scale overhaul of John F. Kennedy International Airport, according to head of the multibillion-dollar modernization project.

Retail investors have felt confident in the muni bond space for most of 2019.

A new fiscal plan adopted by the Port Authority of New York and New Jersey increases debt service payments by 8% to support large-scale infrastructure efforts.

The influx of issuance continued on Tuesday, with the largest deal of the week leading the way in the downpour of pricings.

Investors are ready and waiting for another deal-driven week with an estimated $11.8 billion.

The supply surge trend continues as the municipal bond market will see almost $12 billion of new deals hit the screens this week.

The action in the municipal market won't slow down yet, as bond hungry money managers will get a third week in a row of issuance greater than $11 billion.

Although the funding would not directly fund capital projects that are financed by bond issuances, the money would provide a new level of assurance for port authorities that projects which are fundamental to their continued operation will be completed expeditiously.

A lease agreement between Newark, New Jersey, and the Port Authority of New York and New Jersey will help fund debt service for the pipe replacements.

Muni yields were mixed as weak economic data pressured Treasuries and stock prices.

The Port Authority of New York and New Jersey’s increased its long-range capital plan by about $5 billion to $37 billion, while raising tolls, rents and fees.