Originally Posted by
noglider
As much as I like Citi Bike and local bike shops, the reality is harsh. Citi Bike has hurt the bike industry in the city. The business lost varies from one shop to the next, depending on location and the customer base.
I think they will only hurt shops that have a rental business, and then only until the tourists realize that for less than they just paid citibike they could have rented a better bike from the LBS or rental company like Bike and Roll. FWIW they installed a rack around the corner from Toga on the UWS. Toga installed signs that they rent helmets to citibike riders.