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U2’s new album, “No Line on the Horizon” was released in the US yesterday and to celebrate New York City’s Mayor Michael Bloomberg has temporarily renamed a Manhattan street in the band's honour. U2 singer Bono told reporters: "The Beatles had 'Penny Lane', Elvis lived on the end of 'Lonely Street', we're here somewhere between 10th Avenue and funky, funky Broadway, somewhere south of Duke Ellington Way and north of Joey Ramone Place we find ourselves... where the streets have no name." The Mayor Bloomberg said that the renaming of the block would last one week, he also gave the four members of U2 their own street signs, with Bono joking: "Edge just said this is the first time he's been seen with a street sign and not been arrested."