The Observer objects to Citi Bike not because the bikes are hideous or dangerous—the editors mention, but shrug off, the possibility of “accidents involving goofy tourists,” which for many New Yorkers is a plus—but because of… socialism. Yes! Citi Bike “represents another governmental incursion into the private marketplace.”
Okay, but. This is 180 degrees wrong. It is exactly backwards. Citi Bike, run by Alta Bicycle Share, is a for-profit business, and functions as a massive marketing campaign for Citi Bank .
→ Crane’s New York Business: A storm-proof way to elevate city buildings
Up and down the coast of New York and New Jersey, property owners are being forced to raise their homes and businesses above a new 100-year floodplain drawn up and mandated by the Federal Emergency Management Agency. In the five boroughs, elevating multistory buildings present a particular problem.
If buildings must be raised five, eight, even 12 feet up on stilts, planners fear it could deaden New York’s vibrant street life along coastal areas. In other words, will Jane Jacobs float?
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