Thursday, March 27, 2014

Riders Question Future of Citi Bike as GM Steps Down


New Yorkers are weighing in on the problems facing the struggling Citi Bike program after its general manager announced Wednesday he is stepping down.


Justin Ginsburgh oversaw the launch and expansion of Citi Bike last year.


He is leaving to work for a construction management firm.


His replacement, Eddie Inlow, currently oversees a similar bike share program in Chicago.


Citi Bike recently signed up its 100,000th annual member, but it is struggling to make a profit.


Last week, Mayor Bill de Blasio said no taxpayer money would be used to help fund the program.


NY1 asked riders what they think Citi Bike can do to fix its money problems.


“I don’t know what they could do to help with the financials, other than put more bikes out, but that costs more money,” said one New Yorker.


“For me, I have the Citi Card so it’s a little cheaper, but yeah I would pay a little more,” said another New Yorker.


Citi Bike says it is looking for ways to draw more tourists who would pay the daily rate.


It’s also considering raising prices to bring in more revenue.





NEWS – NY1




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