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 ...

The Port Authority bus terminal in Midtown finally got the greenlight for a $10 billion “eyesore to eye-popping” transformation Wednesday – but it could take a decade to see major changes.

A $10 billion effort to reinvent the dilapidated Port Authority Bus Terminal in Midtown will begin construction early next year after securing the City Council’s approval late Thursday.

Ramps will connect the Midtown Bus Terminal's future staging area directly to the Lincoln Tunnel, removing buses from city streets. The Port Authority of New York and New Jersey’s plan to ...