CitiBike? No, SillyBike

by Panos Prevedouros, PhD, Fix Oahu May 27, 2014

"The CitiBike program aimed at putting 10,000 bikes in 600 locations around New York City for commuters to share in the name of environmentalism, health and being hip."

"CitiBike has put out 6,000 bikes at 325 locations at a cost of $6,833 per bike."

"For a $95 annual fee bike-share members in Manhattan get all-you-can-use access to the silly looking CitiBike in 45 minute increments."

For $200 one can find a good used bike from an online list, pay $200... and keep it!

Worse yet: "In recent months, the program’s operators approached the administrations of Mr. Bloomberg and his successor, Mayor Bill de Blasio, about raising the cost of an annual membership, proposing rates up to $140"

Sample Sources:

• Another Liberal Amenity for the Urban Upper Class Courtesy Taxpayers
• Citi Bike System Successful, but Wobbly From the Start
• Bike Share’s Rough Ride