Latest / New York City News Today | 2 Min News | The Daily News Now!
Citi Bike Fares Under Fire | New York City News
Citi Bike rides in New York are skyrocketing in cost—now averaging $12.15 for a 45-minute ride, way more than subways or buses—and advocates are pushing for a three-dollar cap to make biking truly accessible, especially for working-class riders. While other global cities keep fares under $3, NYC’s system is almost entirely rider-funded, sparking calls for city subsidies. With Citi Bike holding a monopoly until 2029, lawmakers are threatening to open the market to competitors if they don’t agree to lower prices. The push is on to turn bike-sharing from a luxury into a real commute option for…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.