Two years ago, this is what part of the Grand Central Terminal Train Shed looked like. The train shed is over 100 years old and badly in need of repair. JPMorganChase and Vornado Realty Trust have jointly pledged $75 million to help the MTA reconstruct the infrastructure between 46th and 53rd streets. ( Photo: Marc A. Hermann/MTA) MTA Unveils $75 Million in Construction Deals to Keep Park Avenue Sturdy The underpinnings of Park Avenue that lead into Grand Central Terminal will be getting a major overhaul. The MTA on Dec. 16,... News 18 Dec 2025 | 02:28