Bill de Blasio

The declaration could expedite contracting for repairs at NYCHA units through limited city use of design-build project delivery.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Inaction, significant new debt and failure to control labor costs and other cost drivers could pose major bondholder risks, says a Gurtin report.

New York City Council member Robert Cornegy Jr. called the city administration's management of public housing incompetent.

Mayor Bill de Blasio’s $88.7 billion preliminary budget faces tougher scrutiny with Corey Johnson as City Council speaker.

Gross city product rose only 1.2% in the fourth quarter. according to the city's comptroller.

A provision in the New York governor's budget plan would enable the Metropolitan Transportation Authority to create tax increment financing districts in New York City.

Gov. Andrew Cuomo's plan has drawn strong positive and negative reactions.

Acknowledging budget clouds in Washington and Albany, Mayor Bill de Blasio said his spending plan aims to make New York 'the fairest big city in America.'

City officials intend to fight language that they say would put the city on the hook for emergency repairs by the state-run MTA.