I've met the proprietor... a nice guy. They buy bikes out in the suburbs on the East Coast (Pennsylvania someplace, if I recall correctly), where one can actually find bikes at garage sales and whatnot on a regular basis, and rehab them for sale in the city. Yes, they're a lot more expensive than you could get the sme quality bike out in the suburbs if you could get there yourself... but how many New Yorkers can and will go to such lengths?