New York City's Department of Transportation announced Friday that Citi Bike, the expansive bike-share program sponsored by Citigroup, would launch next March with 7,000 bikes in 420 docking stations across Manhattan, Brooklyn and Queens. The announcement comes weeks after the bike-share program was originally set to launch in July and then expand to 10,000 bikes in 600 docking stations by the summer of 2013.
After weeks of speculation, Mayor Michael Bloomberg confirmed Friday on his weekly radio show that software problems have caused the program's delay.