One of my favorite songs on the album. And not too tough at all. Standard tuning, no capo.

The chords aren't full, though, so here's what I've come up with:
Em = 000220 (normal)
C = 010230 (normal)
G = 030023 / 000023
D = 032002 / 002002 / 030450 
As for the variations for G and D, you can just decide which one goes best for 
which part. But he is always playing the top E string open, so keep that in mind 
(all the chords listed have the E open).



Em                        C
This whole city's black and white
                   G
Tell me what is your color
         C         G        D
Could it be the same as mine?
Em                                       C
Faded greens and blue street lights
                        G
There's a red fire burning
       C     G        D
In the sea up to the sky.

                  C
I don't want to wait until tomorrow
                     Em
To tell you how I'd feel the rest of my life
                   C                        G       D
You don't want a waste another minute to realize
                 C
Walking on the dark side of the evening
           Em
Baby it is you, that opened my eyes
                C
Burning like a fire on the water
      C        G        D
The city of black and white.
               C         G      D
Won't you just stay?
               C         G      D
Won't you just stay?


The rest is all the same. For the breakdown, the same chords are used, just listen 
to find out the rhythms and which goes where.