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Bringing bond denominations down to $1,000 would capture goodwill from New York residents and transit riders, said Mitchell Moss of New York University.
May 7 -
The city comptroller is monitoring the markets amid a projected $8.7 billion revenue gap and a possible 22% unemployment rate by the end of June.
May 6 -
Better technology can help enhance efficiency, analysts and civic leaders say.
May 1 -
The Municipal Liquidity Facility is not enough to counter the fiscal effects of COVID-19, says the man who helped rescue the city from its 1970s fiscal crisis.
May 1 -
Size, timing and structure hinge on market variables, senior manager Jefferies said.
April 24 -
"This is undoubtedly the toughest time in MTA history," said Patrick Foye, who has asked Congress to double its $3.8 billion relief package.
April 22 -
The rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.
April 22 -
The New York City Council is set to unveil a COVID-19 relief package of bills that include help for small businesses and tenants.
April 21 -
Despite severe budget stress, the city and state can take some meaningful actions, such as reviving the restaurant industry, expanding the role of P3s and rebuilding multi-purpose infrastructure, analysts say.
April 21 -
In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.
April 17