Infrastructure

The undertaking, for which the city has already allocated $760 million, seeks to establish flood protection 2.4 miles from Montgomery Street north to East 25th Street.

Changes in tax rates made mutual funds, not banks, the main driver of demand on the long end. The change has had the effect of pushing yields on long-term munis higher.

The New York City Economic Development Corp. made a $30 million seed investment in Cyber NYC.

Public finance guru Richard Ravitch dissects the landscape for states and cities and weighs in on New York's transit mess. Paul Burton hosts.

Oxford Properties Group is spending about $2 billion to transform an old freight terminal on Manhattan’s West Side into a 12-story office building, a source said.

"This is not a project we relish," city transportation Commissioner Polly Trottenberg said while presenting options for its $3 billion-plus overhaul of part of the Brooklyn-Queens Expressway.

Stringer called for a chief diversity officer in every city agency, stronger building code enforcement, and procurement time frames.

United Airlines is grumbling about a proposal to use aviation fuel taxes to fund a PATH extension to Newark's airport.

The letter initiated by Rep. Leonard Lance of New Jersey threatens congressional oversight measures if passenger rail line funds are not released.

ProMedica is seeking up to $870 million in revenue bonds for construction and facilities projects.

The final piece of the deal to bring the Pawtucket Red Sox to Worcester is in place.

Andy Byford, president of the MTA's New York City Transit unit, said timing relative to budget cycles is essential.

Carlos Braceras, elected as the American Association of State Highway and Transportation Officials’ new president on Monday, said one of his goals will be to persuade Congress to include more funding and policy reforms in surface transportation reauthorization legislation.

The coalition is sponsoring a campaign fundraiser for Rep. Richard Neal of Massachusetts, the ranking Democrat on the House Ways and Means Committee.

Transportation research nonprofit TRIP said more than 7% of the state's bridges -- more than 300 -- are structurally deficient.

The privately managed Indiana Toll Road will get to raise rates and, in return, deliver the first installment of $1 billion it will pay the state on Oct. 5.

Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.

Brightline, which runs a passenger train service in Florida, is taking over the XpressWest project.

Quantifying the related financial damage will take time, said the rating agency.

Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.