Overview
- The five-year agreement is scheduled to begin May 1, 2026, with the first installations expected in the second half of the year.
- NYC DOT plans an equitable rollout across all five boroughs with an emphasis on hubs near transit, options for e-bikes and cargo bikes, and long-term residential storage.
- Tranzito says the compact enclosures typically hold up to six bikes and use smartphone access with multifactor verification, with users securing their own bikes inside.
- Costs and user fees are not finalized; the company cites past ranges for basic and app-enabled units and says final assembly for New York units is planned in Queens.
- Brooklyn-based Oonee, which ran earlier pilots, said it was excluded from the process, while city officials frame the program as removing a key barrier for the city’s 600,000 daily bike trips.