Industrialized Cyclist Notepad


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.



New Yorker’s CitiBike Cover

Painfully slow rollout of NYC’s Citibike rental scheme is here, maybe. Lock up your daughters!

Interesting the artist put a helmet on the outside rider. Wonder if he/she was told to do that.

via http://publicbikeshare.com/2013/05/28/public-bike-share-a-picture-says-1000-words/

newyorkercitibike



NYC Bike Rental Program Not Ready For Launch
August 18, 2012, 11:33
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Pushed back to 2013… Interesting.

“New York City demands a world-class bike share system, and we need to ensure that Citi Bike launches as flawlessly as New Yorkers expect on Day One,” said DOT Commissioner Janette Sadik-Khan. “The enthusiasm for this program continues to grow and we look forward to bringing this affordable new transportation option to New Yorkers without cost to taxpayers.”

via NYC DOT – Press Releases – NYC DOT, NYC Bike Share Announce March 2013 Citi Bike Launch.



Bikepocalypse imminent
June 21, 2012, 20:40
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I enjoyed the weirdly negative headline on this Bloomberg article, and the way they got the ‘rental’ part right for once.

NYC Risks ‘Bikelash’ as 10,000 Rental Cycles Hit Streets – Bloomberg.



Felix Salmon on Bike ‘Share’

He noticed, it’s kind of expensive.

The first trip you take, on one of the new New York bikes, will cost you at least $10, and possibly as much as $95. Cab rides don’t cost much more than that, and you can fit four people in a cab. Experienced urban cyclists like me will definitely cough up the $95, even if that hurts a little, because we know how convenient it can be to be able to take one-way bike trips in Manhattan, especially if it’s going to rain later, or if you don’t like biking back in the dark, or if you got in to work on the subway but then just need to go a mile or so to your lunch meeting.

But the great promise of the bikeshare scheme is that it will get people onto bikes who have never biked before — people who are generally very nervous about biking at all on busy urban streets. Those people are going to want to try before they buy, and the $10 cost of a trial one-day membership is high enough to give them a good excuse not to bother.

http://blogs.reuters.com/felix-salmon/2012/05/15/bikeshare-pricing-charts-of-the-day/



NYC Bike-Sharing Program Now Too Big to Fail

The Citi Bike program…He heh… Life is funny.

Citigroup Inc. (C) agreed to pay $41 million to sponsor New York City’s bicycle-rental program, which Mayor Michael Bloomberg said will be the largest such system in the U.S. when it begins in July.

The “Citi Bike” program, presented by the mayor and Citigroup Chief Executive Officer Vikram Pandit at City Hall today, will offer 10,000 bikes branded with the New York-based bank’s logo at 600 docking stations in Manhattan and Brooklyn.

via Citigroup Pays $41 Million to Sponsor NYC Bike-Sharing Program – Bloomberg.

(Folks will pay about $100 for a year’s worth. That’s not “sharing,” is it?)



Save this chart for a good laugh later on

Citi analysts have been calling an end to America’s energy problems and for the appearance of a 900-foot-tall golden unicorn named Darren.