Industrialized Cyclist Notepad


Questionable at best transit guy Jay Walder takes over Citi Bike
October 28, 2014, 08:39
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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.



Related Buys Alta Bike Share
October 27, 2014, 18:59
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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.



Citi Bike hotter than Bieber

The NYC bike share saga has been interesting and is still unfolding. No doubt there are myriad individuals and groups working to undermine it and exerting pressure in various ways. Sure ‘bike sharing’ sounds swell to you and me, but how does it sound to the Transit Authority? The taxi companies and drivers? The tour bus operators? The rich, elderly, politically-connected pedestrians who hate bicyclists with a passion? And when it’s all said and done Citibank, of all zombie institutions, holds the keys. So …

Don’t count your NY bike share chickens before they hatch.

In a sign of excitement about the city’s new bike share program, which is set to launch next month, Citi Bike sold out of its first 5,000 memberships in less than 30 hours.

via Citi Bike sells out 'founding' keys in 30 hours | Crain's New York Business.