Opinion: Only $550/Month Property Taxes, If You Can Afford Paying $59 Million For This Hudson Yards Penthouse
Hudson Yards is an undeniable success. The Vessel – Thomas Heatherwick’s public installation – is a masterpiece that draws thousands…
Regulator Rebukes Wells Fargo (Again!). Bank Fired and Blacklisted Thousands of Low-Level Employees
December 4, 2019 – In an exclusive, the Wall Street Journal reported that the Office of the Comptroller of the…
Muni Bankers Should Savor Their 2019 Bonus. Lean Years Lie Ahead.
November 26, 2019 – About this time every year, Wall Street bankers begin the process of performance evaluation and bonus…
Opinion: Why A Rainy Day Fund Is A Terrible Idea for New York City
Time and again, American voters forgive politicians with bad ideas – so long as they possess slick delivery. Often, voters…
BuyMuni’s Ten Observations on New York City’s Comprehensive Annual Financial Report 2019
October 31, 2019 – New York City’s financials are a window into local government finances and the health of the…
GS/MS: Yesterday’s Fed Cut May Be Final Cut For A While
October 31, 2019 – Two major dealers – Goldman Sachs and Morgan Stanley – issued reports concluding yesterday’s FOMC 25bp…
Morgan Stanley: Many Brexit Scenarios, But “No-Deal” Now Increasingly Remote
October 29, 2019 – In a report issued today, Morgan Stanley noted that the United Kingdom’s Conservative Party leads the…
Mercer Family-Backed Conservative Group Accuses Municipal Bond Issuers Of Being Hypocrites on Climate Change
October 28, 2019 – In a Wall Street Journal opinion piece published yesterday, Peter Schweizer – President of a conservative…
S&P Cuts Tobacco Bond Ratings
October 25, 2019 – S&P Global Ratings downgraded 67 tobacco bond CUSIPs yesterday, citing weak cigarette sales and declining credit…
NYC Cash Balance Declined 25% in FY19; Lowest Year End Cash Balance Since 2013
September 9, 2019 – In its Quarterly Cash Report issue today, NYC Comptroller Scott Stringer’s Office reported that the City’s…