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New York, meet the bike rack of the future. Today the DOT announced that after a lengthy design competition, a jury of six—including sodden cyclist David Byrne—chose "Hoop" (pictured) out of the ten finalists. It's the work of two Copenhagen designers, Ian Mahaffy and Maarten De Greeve. "Constructed of cast metal, the design is elegant yet sturdy enough to withstand New York cyclists’ harsh treatment," the DOT said in a statement.

Mahaffy and De Greeve’s design will now be the standard bicycle rack for sidewalks, with almost 5,000 expected to be installed over the next three years. Paul Steely White of Transportation Alternatives hailed the new design, saying, "The winning 'Hoop' design lets bicyclists lock more parts of their bike, and has a lot more panache than the current CityRack. With 'The Hoop' now in hand, NYC needs to make bike racks as ubiquitous as street lights." (Here are the second place and third place winners, who'll receive $3,000 and $2,000, respectively.) And here are Byrne's imaginative bike racks, which were installed around town outside of the competition.

The jury also selected two winners in the indoor competition, meant to inspire businesses to provide safe bike lock areas inside their buildings: "RSVP Studio of New York imagined a user-friendly system with ceiling mounted bungie-cords and a grooved floor. Its structural grid provides a secure yet flexible system that could be easily adapted to any building environment. And Jessica Lee and Anthony Lau of London created a system of three modular pieces that could be installed in an unlimited number of combinations to conform to rooms large or small, tall or short." Check out both innovative designs after the jump.

111408rsvpstudio.jpgRSVP Studio of New York

111408lee_lau_indoor.jpgJessica Lee and Anthony Lau of London