Could Citi Bike Go Broke?
The Brian Lehrer Show | Mar 25, 2014
After months and months of rosy reports about ridership, reports last week show that Citi Bike is actually in big financial trouble. How did this happen? Kate Hinds, WNYC transportation reporter, and Andrea Bernstein, WNYC metro reporter and editor, discuss the numbers and how Citi Bike could be saved.
When organizers rolled out CitiBike, there was a focus on local riders. Now they need tourists http://t.co/pGtPVLQ8dL pic.twitter.com/Re5v4wmLiW
— Jody Avirgan (@jodyavirgan) March 21, 2014
.@AndreaWNYC reminds us that Citi Bike is the only bike share program in the country that doesn't have some mix of public funding.
— Brian Lehrer Show (@BrianLehrer) March 25, 2014
