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| Re: I give it 2 years...citibike (1069910) | |||
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Re: I give it 2 years...citibike |
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Posted by Stephen Bauman on Fri May 31 21:18:22 2013, in response to Re: I give it 2 years...citibike, posted by FtGreeneG on Fri May 31 20:19:40 2013. I give it until the first cyclist death and the first 4-5 lawsuits the city have to pay out.This program is not run by the City. It's run by a private company. One requirement has been for the company to carry liability insurance and cover the City. There has been a history of bike share in other large US cities. I'd guess that the insurance companies know how to price their premiums. if they weren't noice they would already have a bike Locking a bike is one big hassle for people running errands. There's always the danger of the bike being stolen or damaged. Bike Share eliminates that problem for people who already have a bike. The trade-off is walking 1 or 2 blocks. So far, the busiest bike share stations have been around Penn Station and the PABT. There's a market for commuters wishing to go crosstown after entering the City. |
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