Tuesday, May 29, 2018

Bikeshare - More Arlington County Board Corporate Welfare

Hey Yupette,

First, thanks for this blog. Much appreciated by this former Democrat and current Independent.

I was almost hit twice by Capital Bikeshare riders while walking on the sidewalk in Virginia Square, where I live. Visited Capital Bikeshare's Web site twice to ask when Bikeshare was going to do something about the reckless behavior of its customers. Never received any response.

So I perused Capital Bikeshare's Web site again to so try to determine who's in charge at Capital Bikeshare. First thing I found is that Capital Bikeshare is no longer owned by Alta in Portland. Capital Bikeshare and other metropolitan bicycle rental companies are owned by a company named Motivate International, headquartered in New York City. This company is run by a former head of New York's Metropolitan Transit Authority.

Then I found an informative feature on the Fast Company Web site. Turns out Motivate International is owned by a corporate entity named Related Companies, a huge real estate developer. Who owns Related Companies? A mega billionaire named Stephen M. Ross.

Here's the link to the Fast Company Web page:

https://www.fastcompany.com/3055168/love-citi-bike-you-have-a-real-estate-developer-to-thank/

So I have to ask, why doesn't Motivate International provide helmets, safety vests, and riding classes to its customers? And why is the County Board always voting to subsidize this wealthy, wealthy company, which has very deep pockets?

Maybe someone can ask the County Board at it's next meeting.

Madison, 22201