by raybb on 5/9/25, 12:10 AM with 9 comments
by bberenberg on 5/9/25, 11:18 AM
by extraduder_ire on 5/9/25, 5:32 AM
I would guess it doesn't generate enough revenue to pay for itself overall, but it's incredibly useful for transit around cities.
by rafram on 5/9/25, 4:55 AM
> Another revenue source? The bill itself. The savings from Mamdani’s free bus pilot led to a 30-40% increase in ridership on those routes. It stands to reason that similar price cuts on Citi Bike would also lead to ridership boosts. Unlike free buses, however, Citi Bike would still get fare revenue with a fare cap.
We’ll lose money on each ride, but we’ll make it up in volume?
by Veedrac on 5/9/25, 8:43 AM
by tekla on 5/9/25, 12:41 PM