New York's congestion pricing has led to 1 million total fewer vehicles entering the busiest part of Manhattan and cut commuting times since the program began on Jan. 5, a transit agency said on Wednesday.

Drive times into Manhattan have dropped dramatically since the institution of New York’s congestion tolling program, according to data released Wednesday by the MTA — with the most significant improvements at the Holland Tunnel.

The MTA previously reported that the new fees, which launched on Jan. 5, led to 7% fewer vehicles entering the tolling zone south of 60th Street during the first several days they were in effect, compared to a similar period last year.

Blackstone is in talks to buy 1345 Avenue of the Americas, a move that indicates confidence in New York's office market recovery.

Blackstone Inc. is nearing an agreement to purchase a Midtown Manhattan tower, which would mark a return to New York office dealmaking for the world’s biggest real estate investor.

Blackstone is in talks to buy a sizeable stake in a New York City 50-story office building from institutional investors of JPMorgan Asset Management, two sources familiar with the matter said on Thursday.