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Old 03-21-2014, 08:13 AM
 
589 posts, read 1,222,096 times
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Citi Bike, Needing Millions of Dollars, Looks for Help - WSJ.com

Thoughts?
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Old 03-21-2014, 08:28 AM
 
Location: Bronx
16,200 posts, read 23,070,140 times
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I saw this coming by a longshot. I notice that bikeshare is more effective in warmer climate cities. The winter may have hampered bikeshare in NYC. Its time for bikeshare to expand uptown and Queens.
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Old 03-21-2014, 08:58 AM
 
15,868 posts, read 14,512,912 times
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^
Because if it isn't working now, making it bigger/more expensive and expanding into areas where there's likely less demand will make it more profitable?

Maybe it just needs to be seasonal. Shut it down Nov 15 and start it back up April 1.
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Old 03-21-2014, 09:04 AM
 
Location: NYC
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I'm not surprised at all.
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Old 03-21-2014, 09:06 AM
 
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I think making it a seasonal program is a good idea - though I do see a lot of people using it during the winter. I would think it's even better for the bikes though if they removed them from Dec-March.
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Old 03-21-2014, 09:17 AM
 
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It's not a matter of the raw numbers using it in the winter, it's whether it covers its own expenses. I also have to think that the winter is a lot harder on the equipment than summer.

Quote:
Originally Posted by mc33433 View Post
I think making it a seasonal program is a good idea - though I do see a lot of people using it during the winter. I would think it's even better for the bikes though if they removed them from Dec-March.
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Old 03-21-2014, 09:17 AM
 
Location: New York City
19,061 posts, read 12,744,376 times
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I thought this thing was super popular
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Old 03-21-2014, 09:19 AM
 
2,848 posts, read 7,586,661 times
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Quote:
Originally Posted by BBMW View Post
It's not a matter of the raw numbers using it in the winter, it's whether it covers its own expenses. I also have to think that the winter is a lot harder on the equipment than summer.

I mean if people pay for a yearly membership, it doesn't really matter if they use it or not in the winter. It's the one-off users and tourists that can contribute to the losses in the winter. And exactly, winter would be a lot harder on the equipment. Especially this winter.
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Old 03-21-2014, 09:37 AM
 
Location: NYC
20,550 posts, read 17,748,633 times
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Get rid of them, they're nothing but a danger to pedestrians. Many of the folks using them never rode in the city and don't know how to bike properly. Bike's cost like $50 and spend $25 on a bike lock and you're set. Put more bike racks out.
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Old 03-21-2014, 09:42 AM
 
15,868 posts, read 14,512,912 times
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I don't know what the ratio of daily users to annual subscribers is (by revenue generated), but I bet it's pretty high.

I wonder how these systems do in northern Europe in the winter.

Quote:
Originally Posted by mc33433 View Post
I mean if people pay for a yearly membership, it doesn't really matter if they use it or not in the winter. It's the one-off users and tourists that can contribute to the losses in the winter. And exactly, winter would be a lot harder on the equipment. Especially this winter.
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