NYC to bid goodbye to V-train

NEW YORK The Metropolitan Transportation Authority announced Friday that the 8-year-old subway line will be shut down to help the agency deal with a $400 million budget shortfall.

Service at V-train stops will be taken over by the M-train, which is having its route redrawn so it can handle the V's riders in Manhattan and Queens.

The M-train will no longer serve some stops near Wall Street, City Hall and Chinatown. Its part-time service to parts of southern Brooklyn will be eliminated.