What a strange proposal. If bike sharing is “a bank propaganda program,” and you think your peers agree with you, why not propose the city provide it? The New York City budget is over $100bn a year.
> Citi pays $20 million a year for the rights to Citi Field, and that's just regular signage on a stadium where men play the world's most boring sport
Citi Field gives Citi an exclusive, branded venue to take clients and cut deals. You’re not going to win M&A business with a free bike.
No, you just buy a really nice suite if you want a venue for client entertainment. You buy the naming rights to mass market the brand. It's coming from the same budget as TV ads and billboards.
Sure, and I mention that elsewhere [1]. But Citi bankers use their turf more effectively than the competition; I have never heard of anyone else closing a deal there, they go to the Yankees Stadium.
Point is: there are single line items that justify a multimillion dollar spend at Citi Field. I can think of no analog for bikes.
Gotta give the cops their billions unfortunately. No room in the budget for frivolous luxuries like "things that make citizens lives better". Heck, they're even going to hobble our libraries to feed the cop beast.
> Citi pays $20 million a year for the rights to Citi Field, and that's just regular signage on a stadium where men play the world's most boring sport
Citi Field gives Citi an exclusive, branded venue to take clients and cut deals. You’re not going to win M&A business with a free bike.