Bikeshare comes to NYC

Over Memorial Day weekend the country’s largest bikeshare program went live in New York City.

CitiBike, named after the lead sponsor Citigroup, Inc., launched with 6,000 bikes available at more than 300 bike stations around the city. It is hoping to expand to more than 10,000 bikes and 600 stations. And it was privately financed, no taxpayer money involved.

Riders can unlock the 3 gear bikes and take them for a 45 minute ride and drop them off at any of the other stations. More than 15,000 people have signed up for the program.

Some people who have not ridden in the city because the hassle of securing their own bicycle is too great, find this new program suits their needs quite well. $95 for an annual pass of unlimited rides of 45 minutes or less seems like a great bargain. And there’s a 24 hour pass and a 7 day pass available as well.

So next time you’re in the city try it out and let us know how it went.



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