NEW YORK (CBSNewYork) — The wait is almost over.

New York City’s long-delayed bike-sharing program Citi Bike is now accepting annual membership registrations before it launches next month.

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Annual memberships cost $95 and provide one year of unlimited free rides lasting 45 minutes or less. To register visit

“For less than the cost of a single monthly MetroCard, an annual Citi Bike membership gives you instant access to unlimited short rides 365 days a year,” said Department of Transportation Commissioner Janette Sadik-Khan. “Citi Bike will redefine what it means to get around New York City, and now is the time to upgrade to this fun, fast and safe transportation option.”

The first 5,000 to sign up will receive “Founding Member” keys, ride exclusively during first week of launch and receive a $10 discount on three major bike helmet brands.

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When the program gets rolling in May, 6,000 Citi Bikes will be docked at 330 stations across parts of Brooklyn and Manhattan.

The DOT said it hopes to eventually expand the program to include 600 stations and 10,000 bikes.

Citi Bike had been slated to start last summer.

Software issues and damage from superstorm Sandy pushed back the launch date.

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Will you be signing up for annual membership? Let us know below…