No Land Grab

Subway riders will be paying more for unlimited ride Metro cards, yet meanwhile, Atlantic Yards developer Bruce Ratner's $100-million lowball bid for the Vanderbilt Railyards stands.

The NY Times's City Room blog reports:

After an unusually vigorous and spirited debate, the board of the Metropolitan Transportation Authority voted at 10:50 a.m. today to raise fares on subways, buses and commuter railroads and tolls on bridges and tunnels.

NoLandGrab: The debate was "unusually vigorous," considering that the MTA board decided on the sale of the railyard to Ratner and prepped a press release before debating and taking a vote.

More from City Room:

The base subway and bus fare will remain $2, but an overwhelming majority of riders — who use unlimited-ride MetroCards or get a discount for buying multiple rides at once — will have to pay more, starting on March 2. The costs of unlimited-ride cards will rise to $81 from $76 for the 30-day card and to $25 from $24 for the 7-day card; a new 14-day card will be sold for $47.