It can be kind of a pain in the butt, owning a bike in a big city like New York. For starters, there's never any room to park the thing in your cramped apartment, but if you have any sense at all, you're not going to leave the thing chained up outside all night. Also, if you've ever attempted to transport the bike in a crowded subway car, you know all about the dirty looks folks tend to give you.

So, what's the answer? Design company Areaware has developed a pretty cool little folding bike, the Strida, which it claims is the "lightest, cleanest, [and] most user-friendly folding bike on the market." The bike comes in five size varieties and a number of colors. The company also offers a number of accessories like a travel bag and kickstand.

Check out a quick video of the bike in all of its folding glory, after the jump.