Citi Bike is expected to create 170 jobs, and $36M in economic impact: DOT

The city's transportation commissioner says the city's bike share program is becoming an economic boon for the Big Apple.

Citi Bike, which plans to launch at the end of the month, is expected to create 170 jobs and generate $36 million in local economic activity annually, Janette Sadik-Khan said Tuesday.

The program, which is funded by several corporations, paid several construction companies that are installing the 330 bike share stations in Manhattan and Brooklyn as well as the permanent, call center jobs.

Sadik-Kahn predicted that the program will create more economic benefits and jobs as it expands to the other parts of the city.

More than 5,000 applicants signed up for annual memberships in the first 48 hours after they became available two weeks ago.