Vietnamization of the War Against the Car

NYC's ersatz-Communist Mayor Bill De Blasio wants to take his citizens out of their cars...and put them onto bicycles;

Citi Bike, New York City’s fledgling bicycle-sharing program, will get a boost of tens of millions of dollars in coming years to improve and expand the system, according to a person familiar with the matter.

....The deal would inject about $30 million into NYC Bike Share, the company that runs Citi Bike, according to the person familiar with the matter. The funds would improve the system’s technology and software, whose glitches have been frequent sources of frustration for users.

Whose money is it? That's the mystery. Who's going to throw good money after bad, just to pay for the parking of the bikes.

NYC Bike Share, a subsidiary of the Portland, Ore.-based program that runs New York’s Citi Bike program, is getting a $1 million parking ticket from the city for using parking spots for some of the program’s 330 docking stations. According to the Wall Street Journal, a provision in the contract requires that the company pay for the revenue the city is missing out on by taking up those spaces.

The city says it lost about $1 million in revenue in 2013.
- See more at: http://therealdeal.com/blog/2014/05/27/citi-bike-owes-city-1-million-in-parking-revenue/#sthash.ldktErz9.dpuf

NYC Bike Share, a subsidiary of the Portland, Ore.-based program that runs New York’s Citi Bike program, is getting a $1 million parking ticket from the city for using parking spots for some of the program’s 330 docking stations. According to the Wall Street Journal, a provision in the contract requires that the company pay for the revenue the city is missing out on by taking up those spaces.
The city says it lost about $1 million in revenue in 2013.
- See more at: http://therealdeal.com/blog/2014/05/27/citi-bike-owes-city-1-million-in-parking-revenue/#sthash.ldktErz9.dpuf