Martin Z. Braun

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NYC Comptroller Seeks To Raise Pensions' Cap On Alternative Investments To 35%

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He's asking Governor Kathy Hochul and the legislature to raise the cap from 25% to 35%.

Connecticut Governor Lamont Proposes $336 Million In Tax Cuts

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Federal stimulus help and strong revenues have prompted tax cut talk in over a dozen states.

JPMorgan Sees Muni Housing Bonds Besting Other Sectors Next Year

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The firm's strategists see housing bonds performing well in an environment of rising interest rates.

NYC Reaping Hudson Yards Dividends After Luxury Building Boom

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The Manhattan district of office towers and luxury apartments is paying down its tab with New York City taxpayers.

UBS's Botched Muni Statements Cost Clients Millions, Suit Says

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The bank didn't report amortizable bond premium on forms clients use to prepare tax returns.

Citigroup, Nuveen Accused Of Mishandling Evidence In Muni Brawl

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Nuveen is accused of using its market power to strong-arm a smaller muni bond rival, Preston Hollow.

Steve Cohen Saves Mets $50 Million In Debt Refinancing

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The hedge fund manager and New York Mets owner is refinancing $540 million of debt issued to fund Citi Field's construction more than a decade ago.

New Year Brings No Respite To Muni Senior Living Sector Turmoil

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The coronavirus has made the senior-living industry the riskiest segment of the $3.9 trillion municipal-bond market.

In Election Dispute, Citi Sees Munis Lagging In Flight To Safety

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But if there is a clear winner, Citi believes bonds will sell off and stocks will rise.

NYC's Revenue Loss Less Than Feared As Property Taxes Gain

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Property taxes have traditionally been a stable and predictable source of revenue for local governments.

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