The good news is the MTA isn’t jacking up subway, bus or commuter rail fares this year, as was previously planned. The bad news: The increase will still take effect in January, and some tolls will be going up more than what many assumed would be a 4% increase,

Big Apple subway and bus riders could be forced to pay an increased fare of $3 by next year – but Metropolitan Transportation Authority leaders shrugged off the rate hike as no big deal Wednesday. The cash-strapped agency is set to squeeze commuters and drivers even more by Jan.