Mayor Eric Adams says he would 'love' to subsidize Citi Bike and control fares as the bike share system increases in price, but is not ready yet to commit to
Mayor Adams says he would ‘love’ to subsidize Citi Bike as prices soar, but still won’t commit to campaign pledgeMayor Eric Adams says he would “love” to subsidize Citi Bike and control fares as the bike share system increases in price, but is not ready yet to commit to fulfilling a pledge he made during his campaign for mayor., either manual or electric, now costs $4.
Three years later, the mayor’s failure to deliver on that promise has become one of the major sticking points in a growing gulf between him and cycling advocates, who once saw him as an ally. Similarly, Lyft has contended that the large bump in pricing has to do with the high cost of maintaining its highly popular e-bike fleet, which now represents more than 2/3 of rides despite making up only 1/3 of bikes.
If the system is to continue expanding, public subsidy to keep the price down may ultimately be a requirement, especially as it expands to less dense parts of the city, he said.“It’s gotten expensive, certainly outpaced inflation in the way that prices have increased,” said McClure. “But still, it puts the system out of reach for some people.”
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