MTA approves austerity budget, fare hikes to be determined "Subway and bus fares will be going up in 2023 after the Metropolitan Transportation Authority approved an austerity budget for the coming year authorizing hikes of up to 5.5%, but the exact amount that they will increase is still to be determined by an agency working group tasked with divvying up increases among subways, buses, commuter rails, and tolls on bridges and tunnels." (amNY)

Mayor Adams campaigned on better NYC bus service. In his first year, he’s fallen short. "MTA data shows the agency’s buses crawled along city streets at an average speed of 8 mph in November, the same pace reported during the same month of 2021." (Gothamist)

NYCHA Faces Financial Crisis as Nearly Half of Tenants Are Late on Rent, With Many Awaiting Missing Aid "The drop in rental income appears to imperil NYCHA’s ability to perform repairs to aging properties as required by a recent agreement with the feds." (The City)

Truck Depot On Harlem's One45 Site Almost Ready, Developer Says "The widely dreaded truck stop will open within days on the Harlem block where a developer sought to build nearly 1,000 apartments." (Patch)

Fifth Time’s the Charm? Advocates Wary of City’s Latest Talk of Redesigning the Ritzy Avenue "It’s great that the city says they’re finally moving forward with a plan for Fifth Avenue, activists say, but it shouldn’t require even more community engagement after years of only just that — and Manhattan’s Community Board 5 already gave the exact design a thumbs-up." (Streetsblog NYC)