News

A pair of real estate firms have taken a majority stake in a Third Avenue office building that is roughly 40% vacant with plans to extensively renovate the property to help it attract more tenants.The Davis Cos., a Boston-based firm, and New York-based Tribeca Investment Group are investing $50 million in ATCO Properties' 630 Third […]

Construction firms working on the long-awaited, $16 billion rail tunnel project connecting Manhattan and New Jersey are scrambling to figure out President Donald Trump’s Wednesday remarks that his administration has “terminated” the project. The president made the statement during a White House news conference, noting the federal shutdown and taking aim at Sen. Charles Schumer and […]

Pfizer Chief Executive Officer Albert Bourla said that vaccines are harder to get approved right now as Health Secretary Robert F. Kennedy Jr. looks to overhaul the country’s immunization policies.“It’s not harder to get drug approvals right now, it’s harder to get vaccine approvals,” Bourla said Wednesday during a wide-ranging conversation with CNBC that waded […]

A federal judge on Thursday ordered the Department of Homeland Security to send the MTA $33.9 million in counterterrorism funds that the Trump administration tried to claw back.Judge Lewis Kaplan of the Southern District of New York said in his ruling that DHS had overstepped its authority late last month when it attempted to revoke […]