Ferries vs. CitiBikes: Thinking about city subsidiesBy
As the Year of the Ferry draws to a close, New Yorkers with ready access to the waterfront are in for a treat. As a parting gift, Mayor Bloomberg announced today that the city will extend its annual subsidy for ferry service for an additional five years through 2019. While weekend fares will go up to $6 per ride, the city will continue its $3 million annual subsidy, and boats will continue to ply the East River.
“The East River Ferry has been a huge success and demonstrates the demand for efficient, affordable transit to points along the City’s waterfront,” Michael Bloomberg said. “We now can promise commuters and visitors access to these waterfront neighborhoods via ferry for the next five years, sustaining an essential part of our Administration’s transportation vision and spurring economic growth across the City.”
According to a release by the mayor’s office, the ferries have been a success with three million passengers since a June 2011. The ridership has far surpassed initial estimates, and critics of the program — including me — have come around a bit. As the city notes, the ferries have “become an integral part of the city’s transportation infrastructure, improving transit connections between emerging waterfront neighborhoods in Brooklyn and Queens, enhancing mobility in New York Harbor for residents and visitors, increasing flexibility for emergency transportation services, and supporting the ongoing reactivation of much of the East River waterfront.”
Now I’m happy to admit that I was wrong on the ferries. I didn’t think the effort was succeed, and I thought the city was wasting taxpayer dollars on something that had tried and failed. But due to the changing demographics of New York, the time is ripe for waterfront ferry service, and people who live in luxury buildings near the DUMBO, Williamsburg and Long Island City waterfronts, as well as though coming from Red Hook, have flocked to the service.
That’s all well and good, but I still think the spending priorities here a bit skewed. The ferries serve a small subset of New Yorkers and aren’t part of a network that can expand much beyond developed areas the waterfront. On the flip side of this coin is another new “last-mile” transportation system that relies on network effects to expand and could reach every single surface street in New York City for much less than the monthly bulk discounts
offered by the ferry. I am, of course, talking about CitiBike, New York’s bikeshare system.
Currently, CitiBike is supported by a $40 million grant from CitiBank that covers five years of service, and the city hasn’t forked over taxpayer dollars beyond some marginal monies. Why? A $3 million annual investment in CitiBike would allow for an increased reach and capacity by nearly 40 percent, and CitiBike needs that network effect to grow. If New York City has a limited pool of money from which it can support transportation, is this focus on ferries that serve neighborhoods that are generally well-off and well-connected neighborhoods off the mark?