-
Neal Zuckerman, a New York MTA board member, tells The Bond Buyer's Paul Burton how takeaways from that era relate to today's transit funding crisis. "History doesn't repeat itself, but it rhymes." (24 minutes). Recorded Oct. 30.
November 17 -
The comptroller said the Taxi Workers Alliance proposal puts a floor under loan losses by guaranteeing city purchase of any defaulted medallions.
November 13 -
The move would not resolve structural budget gaps, according to the rating agency.
November 3 -
Virus effects have battered New York City’s economy and by extension, the city’s budget and credit standing.
October 30 -
The comptroller report said New York City's reserves mitigate the need for bond financing to fund operations as the city has more in reserve funds than pre-Great Recession and Sept. 11-related recession figures.
October 29 -
The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.
October 29 -
The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.
October 26 -
New York's mayor is shifting $466 million to the current fiscal year’s capital budget to tackle affordable housing needs to offset some of his coronavirus-related cuts.
October 23 -
The securities industry was buoyed by federal stimulus and a massive influx of liquidity, report says.
October 22 -
Finance commissioner Jacques Jiha will succeed Hartzog, Mayor Bill de Blasio announced.
October 19