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Bono, Adam Clayton, Larry Mullen and The Edge appeared on the southwest corner of 53rd Street and Broadway -- along with Mayor Michael Bloomberg -- to unveil the street sign "U2 Way." West 53rd Street west of Broadway will keep the name for one week while the band is in town to appear each night on CBS' "The Late Show with David Letterman." The rock band released its 12th studio album, "No Line on the Horizon," Tuesday and is gearing up for a worldwide tour to begin in July. Bloomberg told fans that the band represents peace and tolerance, and each member will now be considered an honorary New Yorker -- a status that is a bit more than honorary for Bono and The Edge, each of whom have second homes in the city.