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You'll be paying $2.25 to ride the subway and a monthly MetroCard will likely cost you $89 under the agreement reached in Albany yesterday. The Daily News blasts Senate Majority Leader Malcolm Smith, saying he left Assembly Speaker Sheldon Silver with no choice but to "tap (New York City) riders harder than necessary."

New York's Rent Guidelines Board apparently hasn't heard about the worst recession in decades: it's voted for increases in rent stabilized apartments. It's a preliminary vote – public hearings will be held next month. Wasim Lone with the group "Good Old Lower East Side" is calling for a freeze in stabilized rents. The Times has the full story here.

The Times just can't get enough of An Choi, the Vietnamese pho/banh mi destination on Orchard Street.

Living large at the Bowery Hotel: ad exec Richard Christiansen's home high above the newly gentrified neighborhood.

AM New York: bicyclists love the city's new bike lanes – neighborhood groups – not so much.

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