Gallery: CitiBank Steps Up as Official Sponsor of NYC Bike Share Progra...

New York Mayor Michael Bloomberg and CitiBank recently announced that the financial services giant will pay $41 million over five years to sponsor the city’s much-anticipated new bike sharing program. Called Citi Bike, the program will disperse 10,000 bikes at 600 stations across Manhattan by next summer at no cost to the city or taxpayers. The short-term bicycle rental option could transform transportation in Manhattan while creating 200 jobs.

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