JerseyBike Welcomes Toll Brothers City Living as New Sponsor

Toll Brothers City Living Supports Local Transportation Program


For Immediate Release
Monday, July 1, 2019

Contacts: Mary Lynch mlynch@p3gm.com
Michael Duff, 212-742-0835, mduff@tollbrothers.com

NEW JERSEY – Toll Brothers City Living is now an official sponsor of JerseyBike, the two companies announced today.  JerseyBike and Toll Brothers City Living will collaborate to provide a healthy and environmentally friendly transportation option throughout Hudson County, enabling riders to travel more efficiently to downtown areas and other forms of transit.

Hudson Bike Share launched in Hoboken in October 2015 and has since expanded to Weehawken, West New York, Guttenberg, North Bergen, Bayonne and Port Imperial for a total of 560 bikes. The system currently has over 45,000 registered members and has clocked over 627,000 rides since inception.

Users can register online or download the nextbike app. The cost of the program is $95 per year or $12.95 a month and includes unlimited 45-minute trips. Riders can also choose a pay-as-you-go option for $2 per 30-minute ride. The expansion of the program will allow access to a greater number of New Jersey residents while providing a strong and reliable service for users of all types.

Riders can use a smart phone or key card to unlock bicycles at any of the stations in the system. Once rented, the user will be given a code to unlock the bike and begin their 30 or 45-minute ride. The highlight of the system is the ability to park the bikes temporarily, as well as the ability for users to end their trip at a station that is already full. This feature, which is lacking in prior-generation bike sharing models, allows users to make stops mid-trip and eliminates the frustration of arriving at an already full station.

About Toll Brothers City Living
Toll Brothers City Living® is the urban development division of Toll Brothers, Inc., the nation’s leading builder of luxury homes. Toll Brothers City Living brings the extraordinary quality, value, and service familiar to luxury home buyers throughout the country to some of the most dynamic urban markets including New York City; Hoboken and Jersey City, New Jersey; Philadelphia, Pennsylvania; and the Greater Washington, DC, metro area.

Toll Brothers, an award-winning FORTUNE 500 company founded in 1967, is currently operating in 20 states nationwide and is a publicly owned company with its common stock listed on the New York Stock Exchange (NYSE: TOL). For five years in a row, Toll Brothers has been ranked the #1 Home Builder Worldwide on the FORTUNE Magazine “World’s Most Admired Companies®” list.* Toll Brothers was also recently honored as national Builder of the Year by BUILDER magazine, and was twice named national Builder of the Year by Professional Builder magazine.

Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world.

To learn more about Toll Brothers City Living and its properties, visit TollBrothersCityLiving.com

*From FORTUNE Magazine, February 1, 2019 ©2019 Fortune Media IP Limited. FORTUNE and The World’s Most Admired Companies are registered trademarks of Fortune Media IP Limited and are used under license.

Toll Brothers is headquartered at Horsham, PA.

For more information visit TollBrothersCityLiving.com

About P3GM 
P3 Global Management (P3GM) owns and operates JerseyBike. P3GM is a global smart city development company that provides a gateway for next-generation technology companies to implement their solutions in cooperation with cities. Through public-private partnerships, P3GM integrates best-in-class technologies and solutions across the mobility, energy, telecommunications, and out-of-home
media industries.

Suez Water, Investors Bank, Keller Williams Realty, Muller Insurance, Kearny Bank and Hunter Homes also support JerseyBike.

For more information visit JerseyBikeShare.com.