State of New York

Rising state-supported debt and sidestepping best practices alarm the comptroller.

Nicole Gelinas of the Manhattan Institute explores New York MTA's structural deficits, a capital program on hold and federal rescue needs while ridership has cratered during the pandemic. Paul Burton and Andrew Coen host (21 minutes). Recorded Jan. 4.

Gov. Andrew Cuomo and New York’s legislature may agree on the concept of online sports betting, but a fight lurks over the winners and losers of implementation.

Skeptics ask whether New York's governor is overplaying the Washington hand and how the state can improve its own lot.

The New York mayor rolled out his $92.3 billion preliminary spending plan with warnings about federal and state variables, more pronounced amid the COVID-19 crisis.

In their state of the state addresses, the two governors discussed bringing in more revenues.

The tentative schedule includes $2.3 billion of new money and $4.6 billion of refundings and reofferings, state Comptroller Thomas DiNapoli said.

Its $17 billion operating plan projects $4.5 billion in Washington assistance next year while sidestepping — for now — doomsday service cuts and layoffs.

New York State's short-term revenue losses, resulting from coronavirus shutdowns, won't curb enthusiam for the Empire State Development Corp.'s offering, according to market sources.

The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.