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Improving tax revenues allowed the mayor to increase the size of his spending proposal while keeping the budget balanced.
April 29 -
Panelists discuss the implications of working from home in a hybrid manner, rising crime and falling mass transit ridership, vulnerable revenue sources and the lack of affordable housing at a New York Fed event.
April 1 -
Davey will oversee operations for the city’s subways, buses, paratransit services and the Staten Island Railway.
March 23 -
More outflows from municipal bond mutual funds were reported as bid lists surpass $1 billion 22 times in 2022.
March 23 -
The 20% rise is higher than the city’s forecast of a 15.7% gain and this may help the Big Apple see better-than-expected income tax revenue.
March 23 -
New York State Comptroller Thomas DiNapoli and city Comptroller Brad Lander lauded the SEC’s proposal, saying environmental transparency is beneficial to the state and city pension plans.
March 23 -
The triple-A 10-year yield is above 2% on all scales, the highest since March 2020.
March 22 -
Next week's potential volume is slated to be $7.7 billion. The largest deal of the week comes from New York City with $891 million of tax-exempt general obligation bonds. Recent New York paper traded up Friday.
March 18 -
The Big Apple faces an uncertain economic future as many white-collar workers remain at home and the return to office movement takes hold only slowly.
March 11 -
The City Council on Wednesday began the first of a series of hearings on Mayor Eric Adams' $98.5 billion preliminary fiscal 2023 budget.
March 4