Closing Bell: Citi Bike Plans Expansion Into Greenpoint, Red Hook, Park Slope

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As real estate firm REQX Ventures and gym chain Equinox prepare to take over troubled Citi Bike, the bike share program has announced a big expansion into Brooklyn and Queens, adding 6,000 bikes and 375 stations by 2017. Next year, stations will come to Greenpoint, north and east Williamsburg and eastern Bed Stuy, according to this map released by Citi Bike earlier this afternoon. After that initial expansion, stations will be added in Prospect Heights, Crown Heights, Park Slope, Red Hook, Cobble Hill, Boerum Hill and Carroll Gardens.

Citi Bike also confirmed the price of a yearly membership will rise from $95 to $149, but hasn’t revealed when. Riders can still get a $95 membership for now.

Map via Citibike’s Tumblr

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