New York City has selected Alta Bicycle Share to develop and operate a privately funded bike-sharing program, which is expected to launch in Summer 2012. New York City Bike Share will include 10,000 bicycles at 600 stations, making it one of the largest programs in the world and the first U.S. system to run without government subsidies. “With bike share, we’re reinventing the wheel by providing an affordable transportation option that’s there when you want it,” said transportation commissioner Janette Sadik-Khan in a statement. “Whether it’s covering the last quarter mile from the subway or reaching that dead zone between stations, bike share offers a great, new way to get around in a New York minute and will bring needed jobs and revenue to the city.” The location of the docking stations has not been finalized and the city posted a website to solicit suggestions. Alta is based in Portland (OR) and runs Capital Bikeshare (DC) and Hubway (MA). Link to full story in Transportation Nation.