Andrew Cuomo

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.

As the Metropolitan Transportation Authority board weighs a far-reaching overhaul, one infrastructure analyst suggests improvements.

Separating capital construction projects from transit operations at the Metropolitan Transportation Authority quickly generated many questions and some pushback.

Toll pricing, street management, transit funding priorities and a scramble for exemptions will be in play as New York paves the way for U.S. cities.

As the concept moves into implementation, variables range from toll pricing to the MTA's use of capital funds.

Analysts say the state's rainy day fund would evaporate quickly if economic conditions take a turn for the worse.

As the April 1 deadline looms, Gov. Andrew Cuomo says state lawmakers must make the state's property tax growth cap permanent.

Plans call for four Metro-North Railroad stations along an underused rail line in the East Bronx, with an eye toward real-estate value capture.

A new Big Apple Transit agency would issue new debt for transit under City Council Speaker Corey Johnson's plan.

Corey Johnson has called for wresting control of five-borough transit operations from the state-run Metropolitan Transportation Authority.

New York Gov. Andrew Cuomo and Mayor Bill de Blasio packaged their support of the Manhattan toll plan with a blueprint to overhaul the embattled transit authority.