Wednesday, November 30, 2022
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Contributed Writer: Tips to help you save for retirement

Working part-time after you've retired benefits most people in more ways than one.

Yonkers council approves financing plan for new $80M community school

The Yonkers City Council by a unanimous vote has cleared the way for the Yonkers Joint School Construction Board to arrange with the city’s...

UConn bond sale raises record-breaking $455M in orders

The sale included a record-breaking low overall interest rate of 2.19%.

Ray Dalio to investors: Stay away from bonds and cash

Dalio stated central banks "changed the economics of borrowing."

Westchester County government’s COVID-19 losses could hit $160M 

Westchester County Executive George Latimer has told the Business Journal that the county's finances, like those of other governments, were in freefall as a...

Gov. Lamont releases $1.7 billion bonding bill

The bond package had been delayed for the past several months, with the governor refusing his approval until state lawmakers adopted a tolls proposal. The General Assembly is expected to finally vote on tolls on Feb. 18 or 19.

Mayor Spano touts Yonkers Industrial Development Agency, sees development moving inland

“I don’t know how a city can even operate without one,” Yonkers Mayor Mike Spano told the Business Journal about the Yonkers Industrial Development...

HJ Sims completes $43.7M financing of Florida care complex

The financing will be used to construct three buildings covering 152,000 square feet that will house 86 assisted living units and 44 memory care units.

Moody’s upgrades New Rochelle credit rating

High credit ratings enable a city to pay lower interest rates when they issue new bonds.

Bethel Methodist Home takes over Westchester Meadows in Valhalla

Bethel bought the retirement home for $16.1 million cash and the assumption of liabilities from the previous owner, Hebrew Hospital Senior Housing Inc., in a transaction approved by U.S. Bankruptcy Court.

Bridgeport Bonds Get A2 Rating with a Warning

A trio of bonds issued by Bridgeport receive A2 rating from Moody's, along with a major caveat.

State backs Bridgeport business push

A $2 million effort is touted by elected officials as a method to help local entrepreneurs.

$20M in bonds for nonprofits

State backs effort to speed efficiencies.

State bonds prove popular

Three offerings worth $900 million should keep borrowing costs in check.

Strong interest in UConn bond sale

Individual investors purchased 54 percent of the bonds available during the $228 million University of Connecticut UConn 2000 bond sale.