Filed under: Uncategorized | Tags: Alta, bike share, Citibike, High speed rail, Hong Kong, Jay Walder, NYC
City officials had refused to greenlight hikes in the program unless new management was brought in.
Walder brings decades of management experience to the system, including two stints at the MTA and Londons public transport system.
He was most recently the head of Hong Kongs subway system.His time there was marred by what was perceived has his poor handling of a high-speed rail project between the island and mainland China, and he was forced to leave a year before his contract expired.
via EXCLUSIVE: Former MTA head Jay Walder will be named Citi Bike boss: sources – NY Daily News.
Filed under: Uncategorized | Tags: Alta, bike share, Citi, Citibike, NYC, urban cycling
Keep your eye on all this weirdness.
REQX Ventures, a real estate company affiliated with Related Companies, along with Equinox, will buy Alta Bicycle Share, the company that manages the city’s bike-share program.REQX aims to double Citi Bike’s 6,000-bike fleet, according to Capital NY, and will be allowed to raise the rental fees.
via REQX Ventures | Citi Bike Cost | Related Companies.










