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Home » News » Business

Friday, April 25, 2008

Three wheeler-dealers

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In a city where millions of dollars are spent every year on the nation's most modern subway system, three airports and an eight-lane Beltway, pedal-powered rickshaws might seem a bit out of place.

Not so, say three friends fresh out of college whose new company, Capitol Pedicabs, offers a way for residents and visitors to Washington to enjoy a fun and "green" way to get around in the city.

"It's kind of relaxing," Margaret Perschy, a Baltimore resident visiting Washington, commented on her first pedicab experience, which she said was fun compared to her usual banal drive.

The men behind the business, Martin Rahmani, Alex Lanigan and Steven Balinsky, grew up as high school classmates in New York City who never expected to be co-partners.

Today, their company uses three-wheeled rickshaws or pedicabs to transport fares around Washington, and their unique rides are attracting attention on city streets.

Barely a month in existence, Capitol Pedicabs recently launched an online presence and plans to promote advertising opportunities as well as pedicab rentals for private events.

Mr. Balinsky once drove a pedicab in New York and brought the idea to the attention of his friends who realized the benefits of such a job.

"The three of us had a strong desire to start a company because it's such a service to the city," Mr. Rahmani said. Mr. Balinsky said that New York's market was already too saturated to begin a fourth rickshaw company.

Mr. Lanigan, who keeps the books and coordinates with advertisers for the company, said he enjoyed promoting the pedicab business.

"It's a great source of transportation to eliminate congestion and go green," he said.

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