-
A reserve account doesn't hold enough cover the semi-annual $8.7 million interest payment, said the bond's trustee.
February 3 -
The $10,000 state and local tax deduction cap is an important issue for high tax states like New York and California and investors who trade paper from those states.
February 2 -
The $292 million federal grant comes from the Mega grant program for large, complex infrastructure projects, which had a "wildly competitive" first year, said Transportation Secretary Pete Buttigieg.
January 31 -
Gov. Phil Murphy is behind the push for the Garden State to develop offshore wind power, ramping up from 3,500 megawatts by 2030 to 11,000 megawatts by 2040.
January 17 -
The action affects about $312 million of debt. The outlook, previously positive, is stable at the new, higher rating.
January 12 -
Passenger counts at the three airports were higher in November than in November 2019, marking the first month they beat a pre-pandemic comparison.
January 3 -
"I'm thrilled to have that opportunity to join the team," Patrick McCoy says. "It's a very important project with regional implications. To be part of that team is going to be very exciting."
December 21 -
The trustee for $800 million of PILOT bonds for the New Jersey shopping complex said the mall's owners were $2.6 million short for a Dec. 1 payment.
December 5 -
The Port Authority of New York and New Jersey expects its bottom line to return to pre-pandemic levels in fiscal year 2023, according to its recently announced budget.
November 23 -
The agreement has the potential to ease pressure on $1.7 billion of separate tax-exempt bond debt taken on to finance the massive mall and entertainment venue.
November 18