Transportation, not Recreation
Yesterday New York City announced the sponsor (Citi) and pricing for its bike share system which will hit the streets this July! Some in the media seem to be missing an important point though. Bike share is not the same as bike rental. Gothamist (among others) whines, “For instance, you were to just show up in town and join CitiBike for a single four-hour ride that would cost you $86.95”. Yes, that’s why there are still numerous bike rental businesses in New York that will continue to thrive. Bike share is great for one-way commute and quick trips, say to a meeting or between Chinatown and Katz’s Deli. Bike rental or buying a bike is still the best choice for those wanting a longer ride.