It takes me about 10 minutes to walk, so a taxi shouldn t take much longer.Unless you have a great deal of luggage or a condition that makes it hard to walk, just go out the front of GCT onto 42nd St, turn right, and walk through Times Square until you get to the bus station at 9th Ave.If the weather is lousy, you can also take the subway shuttle to Times Sq, and from there walk underground to the bus station.
Depending on the traffic, it should take between 5 to 10 minutes. It would be faster if you take the subway, instead.You can take the 42nd Street Shuttle from Grand Central to Times Square and walk the one block distance from Times Square the PA Bus Terminal.Good luck