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Read the press release here.

Citi Bike Annual Memberships Top 10,000 Ahead of Launch, City Says

By Bryan Graham | May 14, 2013 7:31pm
 Citi Bikes like these will be hitting the streets on Memorial Day Weekend.
Citi Bikes like these will be hitting the streets on Memorial Day Weekend.
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DNAinfo/Jill Colvin

NEW YORK CITY — Annual memberships for the soon-to-launch Citi Bike program have exceeded 10,000, the city announced Tuesday on Twitter.

The bike share program, which will bring about 6,000 bikes to 330 stations in Manhattan and Brooklyn, is set to launch May 27, city officials announced last week.

Annual memberships cost $95. Riders can also purchase either a 24-hour pass for $9.95 or a 7-day pass for $25 from any station. The bikes can be taken out for up to 45 minutes, after which overtime charges apply.

Customers who sign up for an annual membership by Friday will receive electronic keys that will grant them access to the bikes for one week before the system opens to daily and weekly members on June 2, according to the Department of Transportation.

The launch had previously been delayed two months after Hurricane Sandy floodwaters destroyed two-thirds of the program’s equipment, housed at its Brooklyn Navy Yard facility.