Run-Down NYC Bus Hub Wins $1.9 Billion Loan

Run-Down NYC Bus Hub Wins $1.9 Billion Loan Before Trump Return
New York City’s run-down bus terminal has scored a round of federal funding for its $10 billion makeover, just days before President-elect Donald Trump’s inauguration.
Port Authority Bus Terminal wins $1.9B loan for makeover
The transit hub's revamp will include a new main terminal, a separate storage building and new ramps at the Lincoln Tunnel.
Midtown Bus Terminal project receives nearly $2B federal loan
The loan marks the first time the Port Authority of New York and New Jersey has borrowed from the 25-year-old Transportation Infrastructure Finance and Innovation Act program via the U.S. Department of Transportation.
Feds award $1.9 billion loan to Port Authority for new Manhattan bus terminal
The new $10 billion facility will replace the obsolete 74-year-old terminal. 250,000 people use the terminal daily, including NJ Transit bus riders.
Aging N.Y. bus terminal used by N.J. commuters to be replaced with help from a multi-billion dollar loan
The approval of a long sought-after almost $2 billion federal loan to help finance the ambitious $10 billion replacement of the aging Port Authority bus terminal in midtown Manhattan was announced by U.
Port Authority Secures $1.9 Billion Federal Loan to Begin Midtown Bus Terminal Overhaul
The Port Authority has secured a $1.9 billion federal loan that will allow it to begin work on its plan to replace its Midtown Bus Terminal, the agency announced on Monday. The loan, made possible through the Transportation Infrastructure Finance and Innovation Act (TIFIA),
Feds give Port Authority $1.9B loan for new Midtown Bus Terminal as Biden leaves office
The federal government on Tuesday issued the Port Authority a major loan that allows work to proceed on the planned replacement of the decrepit Midtown Bus Terminal, less than a week before the end of President Joe Biden’s term.
The Associated Press on MSN13d
NYC's first-in-nation congestion pricing plan is now in effect: What to know
New York’s much-debated plan to charge drivers to enter the center of Manhattan is set to take effect Sunday just after ...
Feds award $1.89 billion loan to Port Authority for new Manhattan bus terminal
The new $10 billion facility will replace the obsolete 74-year-old terminal. It's used daily by 250,000 people, including NJ ...
CBS News12d
Congestion pricing is now live in NYC. Here's what commuters need to know.
NEW YORK - Congestion pricing started on Sunday ... The toll that drivers will pay will depend on time of day and day of the week. For most drivers Monday through Friday from 5 a.m. to 9 p.m ...
NYC traffic is improving with the congestion pricing fee
Overall travel times are 30-40% faster on inbound river crossings into Manhattan, which has the most congested traffic in the United States.
abc7NY10d
Subway, bus ridership jumps slightly in first week of congestion pricing
New York City's first-in-the-nation congestion pricing toll program is being linked to a slight jump in the number of commuters using subways.
NYC congestion pricing in effect as drivers get through first workday commute with new tolls
Congestion pricing is now in effect in NYC, and drivers are facing the first weekday commute with the controversial new tolling system.
GlobeSt.com3d
NYC Already Seeing Significant Traffic Reduction From Congestive Pricing Program
That's a direct result of the city's new congestive pricing program, which was instituted first on Sunday, January 5th after ...
devdiscourse4d
Manhattan Moves Forward: The Impact of NYC's First Congestion Pricing
New York City has introduced a congestion pricing fee in Manhattan's central business district, reducing traffic by 7.5%. The ...
Yahoo Finance4d
Manhattan’s Run-Down Bus Hub Wins $1.9 Billion Loan for Makeover
(Bloomberg) -- New York City’s run-down bus terminal has scored a round of ... grant from the Federal Transit Administration to help pay for the long-awaited extension of its busiest heavy ...