Andrew Cuomo

Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.

Andy Byford’s departure as MTA New York City Transit president rekindled questions about governance at one of the world’s largest mass transit agencies.

Andy Byford's resignation ends a two-year run marked by innovation and controversy.

As officials sift through Andrew Cuomo's plan to curb Medicaid costs, City Hall insists that the governor's spending-control emphasis is a de facto slash.

New York's governor wants to tackle the state’s budget gap through controlled spending rather than major revenue increases.

Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.

The mayor warned about looming state Medicaid cuts in his media briefing on the preliminary spending plan.

Gov. Andrew Cuomo’s warnings that cities could absorb more Medicaid costs have triggered uncertainty about the city's budget.

New York's governor wants the state to lead efforts for increased capacity at Manhattan's busy transit hub.

New York City could save up to $400 million through design-build project delivery, the mayor said after Gov. Andrew Cuomo signed a bill to authorize it.

The authority approaches next week’s planned $2.5 billion of issuance buoyed by clearance of its five year, $51.5 billion capital program.

The Division of the Budget said escalating Medicaid costs are the main reason for the projected shortfall.

Montreal businessman Anthony McCord will arrive next month as New York Metropolitan Transportation Authority's chief transformation officer to address the authority's myriad operational and capital funding challenges.

Andy Byford, president of the Metropolitan Transportation Authority's transit division, wrote a letter of resignation before rescinding it.

Massive borrowing for essential projects in the face of a projected deficit spike is a dilemma as its $51.5 billion capital program undergoes scrutiny.

The capital plan's unknowns include its effect on the New York Metropolitan Transportation Authority's debt levels and rating agency perceptions.

Questions from transit observers and advocates followed the announcement by the Metropolitan Transportation Authority of its $51.5 billion capital program.

Even with a board vote just five weeks away, the proposed five-year capital program for New York’s Metropolitan Transportation Authority is a big unknown.

A report said overtime costs spiraled out of control under leadership's noses for roughly a decade.

The Metropolitan Transportation Authority board accepted a consultant's far-reaching transformation blueprint that leaves many questions unanswered.