[Photo by Derek Berg]
Here's the official word from Citi Bike:
Beginning on March 1 2016, annual memberships will increase from $149 to $155 to keep up with the costs of administering a growing and improving system at the level of quality riders have come to expect from Citi Bike. Annual members will also have the option to pay in monthly installments of $14.95, with an annual commitment.
NYCHA residents will continue to receive discounted $60 annual memberships and, for the first time, will have the option of paying for their membership in $5 monthly installments.
They also note that the Citi Bike network is 40 percent larger today than it was at this time in 2015 ... with 100-plus more stations on the way in 2016.