MTA Finances
Apple On The Express Track To Grand Central
A little over 24 hours ago, I wrote about gadget giant Apple & their hopeful plans to build their biggest store in the world inside of Grand Central Terminal. The company’s plan needed to first be approved by the MTA Financial Committee which was set to meet later in the day. As expected, the committee [...]
MTA Must Pay Extra For Condemned Properties
When the MTA created plans for the Fulton Transit Center, it included the necessary purchase of 5 buildings on Broadway. The agency felt the properties should be accessed separately even though some common ownership connections existed. This past Thursday, New York state appellate judges anonymously agreed that the agency owed another $55M on top of [...]
Apple Proposes Biggest Worldwide Store In GCT
When it comes to real estate, bigger is usually better & that is a stance Apple intends on showcasing if they get their way. For months on end, the never ending saga of whether Apple was coming to Grand Central Terminal or not has taken on a life of its own. It all started back [...]
Apple Store May Actually Come To Grand Central
Back in February, Apple lovers were gushing over the rumor about an Apple Store actually opening a location in Grand Central Terminal. The rumor originally started with a story in The New York Observer with interest confirmed by ifoApplestore. However a month later, it seemed the prospects of the technology giant opening a location in [...]
MTA Capital Plan Funding To Occur In Fall
Where funding for the last 3 years of the MTA’s current Capital Program would come from has been a hot question inside transit circles of late. Many were wondering when the Cuomo administration would tackle the issue & the answer is upon us. According to a report in Crain’s New York Business, a push for [...]
