, Nicole spotlights the troubling implications of the hot-and-heavy political love affair between City Comptroller (and would-be mayor) William Thompson and Local 100 of the Transit Workers Union (TWU). Her bottom line: New Yorkers ne Read More
Tag: Infrastructure
A toll road built nearly a decade ago under an innovative public-private partnership model is seeing its financial woes deepen. The problems of the Connector 2000 toll road project in South Carolina are yet another sign that it's going to be hard Read More
It's increasingly clear that the federal government's "Build America Bonds" program, part of the stimulus, was a backdoor bailout for California. Under the program, states can issue taxable bonds, with the federal government reimbursing them for the Read More
Some states are being more stimulated than others. February's stimulus package included something called "Build America Bonds." Under the program, states can issue taxable debt to bondholders to raise money for infrastructure projects, rather than i Read More
Sometimes the credit crisis seems like last year's news. At least, you would think so if you looked at projected Wall Street bonuses and New York City and State public spending. But a new Moody's report shows how the crisis continues to impact Read More
As France-based Veolia Transportation under an initial five-year contract, New Orleans's transit workers will be growing accustomed to a private-sector-style pension scheme, too. Read More
Construction costs throughout New York are falling, according to a data analysis by the New York Building Congress. Materials and labor costs for office buildings are down 10 percent since last year, with costs for apartment buildings down 9 percent, Read More
Jay Walder, Gov. Paterson's pick to head the Metropolitan Transportation Authority, took questions from Democratic senators today ahead of their Thursday vote on his nomination. Of interest: Walder's views on private-public partnerships and whethe Read More