Business

Op-Ed: It’s Time for Albany to Stand Up to PBMs and Protect Patients 

By ADAM AGOVINO
Pharmacies are closing at a pace our communities cannot afford. In 2024, according to NYC Center for an Urban Future, 10% of all New York City pharmacies shut down. Behind these closures is a quiet but devastating force: Pharmacy Benefit Managers (PBMs). These powerful middlemen dictate what pharmacies are paid for prescriptions, and too often, they set reimbursement rates so low that pharmacies lose money with every prescription they fill.

UPDATE City Council Votes “Yes” on Latest Kingsbridge Armory Redevelopment “The Kingsbridge Center”

By SÍLE MOLONEY
In the most hopeful sign yet for residents of Kingsbridge Heights, who have long awaited real momentum behind the redevelopment of the long-vacant, City-owned Kingsbridge Armory, the New York City Council voted “yes” on the latest redevelopment project, “The Kingsbridge Center (El Centro Kingsbridge),” on Wednesday, Oct. 29. The happy news follows dozens of envisioning meetings, surveys, outreach, workshops,, various hearings, set-backs, drama and more drama along the way.