Monday, July 14, 2014

Must be Monday! At 9:30, 21% of Citibike stations empty/full.

White circles with borders are empty. Blue circles with borders are full

Thursday, July 3, 2014

Citi Bike to test nighttime valet service at Tompkins Square station

An excerpt
The weeknight valet service, which will launch at a dock on Avenue A and 7th Street on Monday, will be manned with at least two employees who will remove bikes once the dock fills up so that a couple of spaces will be always be available from 7 p.m. to 11 p.m.

Comment
Interesting choice of stations for this experiment. We’ve not recorded a single instance of 7th St & Avenue A filling up during the second quarter.

And generally speaking, our observation is that filled stations are not a problem in the neighborhood. But empty stations put Tompkins Square near the top of our 10 worst neighborhoods list week after week.



Daily News news says REQX deal could push annual member fee to $140+

An excerpt
The city has discussed raising the annual membership fee for the popular bikeshare system from $95 to $140 or even $155, according to a source with knowledge of the discussions.

Wednesday, July 2, 2014

Media frenzy over Capital New York’s scoop on possible takeover of Citi Bike operator

At 7 am, Capital New York posted

An excerpt

About three weeks ago, Mayor Bill de Blasio's administration, a company called REQX Ventures and Alta Bicycle Share, the system's troubled operator, agreed on the broad outlines of an agreement, according to two knowledgeable sources.
According to the terms of that still-tentative agreement, REQX Ventures, a company run by individuals affiliated with Equinox and Related Companies (the real estate company that owns Equinox) would buy at least 51-percent of the Portland-based company.



At 10 am, New York Business Journal posted

An excerpt
There appears to be a tentative agreement for Alta Bicycle Share, Citi Bike’s Portland, Oregon-based operator, to sell a majority stake of itself, according to a report by Capital New York.





Then around noon, bam, bam, bam

An excerpt from Curbed NY
As expected, a deal with the investment firm REQX Ventures, created by Equinox Gym and its parent Related Companies, will likely keepCiti Bike afloat. Capital New York reports that the deal is close to being finalized, but city officials have been "moving slowly to seal it."









An excerpt from the gothamist
Faced with busted docks, faulty software, and a dearth of profit from 24-hour and 7-day users, Citi Bike, a success in terms of popularity, has been a failure where it counts. Its financial namesake won't grope between the couch cushions to support it, and De Blasio has declined to allot municipal funds for it either. So what happens to public projects that everyone wants and needs but refuses to fund? Private real estate to the rescue!







An excerpt from The Real Deal
The de Blasio administration has come to a tentative agreement to boost the troubled Citi Bike program.
The administration reportedly approved a deal between REQX Ventures and Alta Bicycle Share. Talks between the three parties started in May.





Then at 3:30…

An excerpt from Mashable
Citi Bike, the New York bike-sharing service, has been struggling with cash flow since its inception. But it might soon be able to ride out its money troubles thanks to an investment company affiliated with the gym Equinox.

Tuesday, July 1, 2014

Yo, Citi Bike last milers: Yelp has reviews of busiest subway stops

Thanks to the Rudin Center for this one: “Did you know people post Yelp reviews of subway stations? Here's a map of NYC's busiest subway stations, created by Rudin Center summer intern Andrew Poeppel.”

Monday, June 30, 2014

Citi Bike tells tourist: Sorry, your foreign credit card didn't work

Communication from Citi Bike

"Thank you for contacting NYC Bike Share, operator of Citi Bike.

We’re sorry to hear that you’ve had difficulty with your transaction. Citi Bike does accept foreign-issued credit cards that belong to the following international networks: Mastercard & Visa.

Processing of internationally-issued cards is, however, subject to issuer approval. If you have any questions as to whether or not your card is connected to the international payment network, we would encourage you to contact your financial institution and inquire with them about authorization."

Facebook member’s comment

SO, let me get this straight. First you say that you don't accept ANY Visa or Mastercard cards if they are foreign. THEN you say the problem is subject to issuer approval??? Which is it, CitiBike or the issuer??

Clearly it is CitiBike, as the Visa and Mastercard cards we are trying and failing with you, work everywhere else all over the world. It is NOT the issuer that prevents a transaction on your CitiBike network, it is your system.

Pretty poor experience for every visitor to New Work, wouldn't you say? Sub standard, poor, ill-thought through and in practice, just lame. Fix it up, boys.

Saturday, June 28, 2014

4 of week's Top 10 NotSpots on Broadway

Manhattan

WEEK 25 June 22NEIGHBORHOODSTATIONNOTSPOT℠ HOURS THIS QUARTERNOTSPOT℠ HOURS THIS WEEK
1Tompkins SquareAvenue D & E 8 St12535
2Times SquareBroadway & W 51 St13830
3Midtown NorthW 51 St & 6 Ave11130
4Midtown NorthE 53 St & Madison Ave11727
5Midtown EastE 51 St & Lexington Ave9223
6Times SquareBroadway & W 39 St6919
7Times SquareBroadway & W 53 St14819
8Flatiron6 Ave & W 33 St6817
9TribecaGreenwich St & N Moore St8917
10FlatironBroadway & W 32 St3717