Citi Bike Boss Resigns Amid Bad News

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Ginsburgh. Photo: Justin Ginsburgh

Justin Ginsburgh, the 33-year-old general manager of New York City Bike Share, which runs the struggling Citi Bike system, has bailed during a period of very bad press. After The Wall Street Journal reported on the popular program's myriad problems and need for “tens of millions of dollars,” the New York Times adds today that it’s more like $20 million. Financial woes have also likely delayed a planned summer expansion to the Upper East and Upper West Sides, while Mayor de Blasio warned that city funds are “not on the table” at the moment. Still, Transportation Commissioner Polly Trottenberg assured vaguely, “We remain committed to working with the system's operator to address its financial and operational issues to ensure it meets the needs of its riders going forward.”