New York City Bicycle-Share Program Demonstration

New York residents on Thursday got a look at a demonstration of a new bicycle-sharing system, which will start in 2012.

Alta Bicycle Share has won a contract from New York City to deploy some 10,000 bikes over 600 bike stations in Manhattan and parts of Brooklyn, starting summer 2012.

The bikes will be stationed every few blocks and will be financed from sponsorship and low-cost annual membership fees.

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