Author name: niallogara

For many construction firm owners, the right transition isn’t just about choosing the right exit strategy or succession plan, it’s about ensuring the business is in the strongest possible position before a transition even begins. That’s why this is one of the most difficult decisions of ownership and why the keyway to a successful transition is through preparation—be it an owner considering family succession, an internal buyout or ESOP (Employee Stock Ownership Plan), selling to private equity or merging or selling to another firm.

WASHINGTON—The U.S. Senate voted 77-22 Tuesday to confirm Sean Duffy to head the Department of Transportation. Democrats who previously expressed support for Mr. Duffy voted against him Tuesday in protest of President Donald Trump’s freeze on federal grants and loans, Sen. Richard Blumenthal (D-CT) told CNN.

Low bid news from around the state.

YONKERS—Of the many casino projects vying for a full casino gaming license from the New York State Gaming Commission, MGM Resorts here in Westchester went before a municipal board on Jan. 8 as part of the review process to win City approval in advance of the filing application deadline of June 27, 2025.

NEW YORK—Will the new revenues streaming from congestion tolling infuse public coffers with enough money to fill the budget deficit in the MTA’s capital program—estimated at $33 billion?

ALBANY—In advance of her 2025 State of the State address on Jan. 14, New York Gov. Kathy Hochul announced a series of funding initiatives geared at addressing the housing shortage and affordability crisis, improving Metro North rail service in the Hudson Valley region and child care facility construction.