Madison ice arena deal gets overwhelming City Council support; new owners pivot to fundraising
Under the deal passed by council, the two nonprofits that will operate the arenas secure properties worth millions of dollars ...
Crain's Chicago Business1d
On day after city credit downgrade, Johnson seeks to float up to $830M in debt
An ordinance seeking authorization says the mayor wants to use the proceeds for infrastructure improvements, property ...
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Mayor Adams launches historic medical debt relief program, 35,000 New Yorkers forgiven of debt worth $80 million
Mayor Eric Adams announced today that 35,000 New Yorkers will be relieved of $80 million in medical debt, marking the first ...
Chicago mayor, CFO react to S&P Global dropping city’s debt rating
Chicago Mayor Brandon Johnson and his chief financial officer are talking about revenue as the city suffers a reduced credit ...
Powerful Madison Finance Committee backs ice arena deal to forgive $1.6M debt
The nonprofit owners of the Madison Ice Arena and Hartmeyer Ice Arena have not seen revenues return to pre-pandemic levels, ...
Federal transit agency tells Pa. city it has 30 days to repay $1.4M in misused funds
WILLIAMSPORT — The Federal Transit Administration (FTA) says Williamsport owes it $1.4 million for misuse of funds and it ...
Next City10d
The City That Wiped Out $100 Million in Medical Debt
It's a reminder that in medical debt isn’t just a financial burden; it’s a reflection of deeper ... This doesn't solve health care for the planet, for the country, for even our city. It does provide a ...
Record SASB, big construction loans lead NYC’s largest financing deals of 2024
Projects by Gary Barnett, Steve Witkoff and the Zeckendorfs received financing packages for $1 billion or more in 2024 ...