NYC Bike Share Program to Expand, Increase Prices Under New Owner


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Citibike has needed new leadership and capital since its launch, making this a positive step toward improving what has already proven to be a very successful initiative that improves the quality of life and transportation infrastructure.

New York City’s bike share program, Citibike, announced today plans to double in size by 2017. The announcement comes shortly following news that Citibike owner Alta Bicycle Share would be acquired by Bikeshare Holdings, a newly formed venture that includes the CEOs of Equinox . Alta, which operates prog