MTA Fare Hike Now Official

The long-awaited MTA fare hike is now official. MTA Chairman Jay Walder announced Thursday that the price of a monthly MetroCard will go from $89 to $104, weekly cards will rise from $27 to $29 and base fares for single rides will increase by 25 cents.

AltTransport points out that "For people earning minimum wage in this city (which is currently at $7.25), the $104 card is more than a 10th of their salary."

WNYC has the story.