Cheap time in New York (5)

I believe the answer is:

tinny

'cheap' is the definition.
('tinny' can be a synonym of 'cheap')

'time in new york' is the wordplay.
'time' becomes 't'.
'new york' becomes 'ny'.
't'+'in'+'ny'='TINNY'

(Other definitions for tinny that I've seen before include "Metallic-sounding" , "Lacking resonance" , "insubstantial" , "Of poor audio quality" , "Sounding thin and metallic" .)

I've seen this clue in The Independent.

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