Last Updated: April 28, 2009 04:29pm ET

MTA Sees Bigger Deficits This Year and Next

By Paul Bubny

NEW YORK CITY-A re-forecast of projected revenues shows a $621 million gap for 2009, even assuming fare hikes and service cuts take effect.

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BofA Reevaluates US Real Estate Portfolio

NEW YORK CITY-The investment bank would only save One Bryant Park in Manhattan and Bank of America Corporate Center in Charlotte, media reports show.

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