NYC's Bike-Sharing Program Delayed

Under the "Citi Bike" program, people would pay a $95 annual fee to ride the blue, 3-speed bikes

Tuesday, Jul 17, 2012  |  Updated 10:21 AM EDT
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NYC Bike-Share Program to Launch in July

New York City says it's launching a bike-sharing program in July. By next year, it plans to have 10,000 bikes at 600 docking stations around the city. Melissa Russo reports.
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The city's bike-sharing program that had been expected to launch by the end of July is being delayed.

The Department of Transportation says it is still working on the launch plan for the "Citi Bike" program and will update the public as soon as it finalizes all the details.     

The program is expected to have 10,000 bikes at 600 docking stations around the city by next year.     

People would pay a $95 annual fee to ride the blue, 3-speed bikes.     

Short-term users, including tourists, would be able to sign up too.     

The program is being sponsored by Citigroup. 

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