WALL STREET JOURNAL: New York City officials plan to launch the long-awaited bike-sharing program on Memorial Day, nearly a year after it was first slated to open, and amid the launch of similar systems in cities around the world.
The New York program bears the name Citi Bike, in homage to the corporate sponsor, Citigroup, that has provided most of its startup funding. And like several of the cities that have preceded New York into bike-sharing – including Washington, London and Boston – this city will use its own customized version of the model pioneered in Montreal.
The Citi Bike system, which will be operated by a subsidiary of Alta Bicycle Share, is a version of the Bixi system launched in that Canadian city in 2008, and later customized for sale to other cities. (Chicago, preparing for its own bike-share launch, is also using hardware derived from Bixi and supplied by its corporate parent, PBSC Urban Solutions.)… (more)
EDITOR to Mayor Rick Gray: Forget the street cars. Bike sharing would be a great tourist attraction in relatively flat Lancaster.
