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MTA approves fare hikes; blames Albany for woes

Metro-North riders will pay around eight to nine

Metro-North riders will pay around eight to nine percent more. (December 19, 2012 1:18 PM)

The MTA board on Wednesday unanimously approved a measure increasing revenue by 7.5 percent by hiking fares for Metro-North and its other bus, rail and subway systems.

This is the fourth fare hike in five years for the cash-strapped MTA, which is trying to close a $450 million gap in next year's $12.6 billion budget.

Board members warned that if the MTA doesn't do a better job of reforming...

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