Bike share will soon be unveiled after significant delays on Memorial Day for the “early-bird” types who purchased an annual membership in advance online. The system will feature short-term and annual memberships, including one-day passes ($9.95) or week-pass ($25) for visitors.
|Woman riding a Citi Bike, credit: Crain's New York|
How Does it Work?
Users visit a station and put down a $101 deposit on a credit or debit card. Then they are given a code, which allows them to start their journey.
The premise of bike share is to use the system for short-trips, and that is reflected in the pricing structure. The first half hour is free, but then the fees begin to rapidly increase.
Pricing Structure for Non-Members
30-60 minutes - $4
60-90 minutes - $13
Additional 30+ minutes - $12
When you are ready to return the bike simply find an empty spot at a station and park it. However, if there are no empty spots you can request a “Time Credit”, which allows you an additional 15 minutes with no extra charge. In addition, you can search for nearby stations by selecting the “Find Nearby Stations” feature on the screen.
|Citi Bike Docking Station, credit: Streetsblog|
Pricing Structure for Members
Those with annual memberships ($95) follow the same rules, yet they receive a price break on the charging. The first 45 minutes is free and then the fees increase, however at a slower rate.
45-75 minutes - $2.50
75-105 minutes - $9
Additional 30+ minutes - $9
Initially, 6,000 bikes will be placed at 330 stations in Manhattan below 59th Street, and in several Brooklyn neighborhoods. Next, Citi Bike will expand to 10,000 bikes and 600 stations, offering stations in Queens and bolstering Manhattan and Brooklyn. Currently, over 10,000 people have signed up and many businesses have even inquired about purchasing a corporate membership.
|Citi Bike Share will launch on May 27th for early registrants|
Dani Simons, director of marketing for New York Citi Bike Share, said, “We’ve heard from over 30 businesses already that they would really like to buy Citi Bike as a perk or as a health and wellness benefit for their employees.”
In addition, the sandwich shop chain, Wichcraft, employs about 400 employees and is considering corporate memberships to attract more applicants, particularly those in the delivery staff. Company spokesperson Ellen Kim said, "Currently as we hire delivery staff, they must have bikes... so we think [bike share] opens us up to a broader pool of people who don't need to own their own rides.”
Whether it’s for health benefits, transportation benefits, or simply for fun, New York City’s Citi Bike Share will foster a new level of opportunity for employers, employees, residents, and visitors one pedal at a time.
Thanks to Ben Chaney for editing this post.