Attention New York City. Starting January 4th, new MTA fare rates officially go into effect. The base fare for subways and local buses increases to three dollars per ride. Reduced fares will also go up slightly, and express bus rides will now cost seven dollars and twenty-five cents. This change comes as the MTA continues its transition to OMNY tap-and-go payments, with MetroCards being phased out. So before your next ride, make sure you’re ready to tap — and plan for the new fare. Welcome to tr