Photograph of ubiquitous Elmo by andy in nyc

• From the Gothamist Newsmap: A ground transport iiIncident at Bleecker and Lafayette in Manhattan, a stabbing on 227th St in Queens, and a pedestrian struck at 4th Ave and 86th Street in Brooklyn.
• Cablevision decides to offer the biggest bid for Newsday yet--$650 million. The Observer Media Group has dropped out of bidding.
• It's May Day and there are a number of rallies and marches being held for labor unions and immigrants' rights.
• The mysterious stabbing of a Staten Island jeweler is still puzzling police.
• The city hopes retailers like "Hard Rock Cafe, Knitting Factory, AMC cinemas, Virgin Records, ESPN Zone, Madame Tussauds, Bliss spa" can be part of the redeveloped Coney Island.
• The price of drink and snacks will rise by 25% on the Metro-North and Long Island Rail Road, but it's not stopping some riders. One told the News, "If I want to buy a beer on a Friday afternoon, I'm going to buy it, regardless of the price."
• And for you Euro-philes, here's where you can pick them up.