Brooklyn’s Red Lantern Bicycles closing

By Stephen Frothingham

BROOKLYN, N.Y. (BRAIN) — Retailer and café Red Lantern Bicycles is closing after seven years in business in Brooklyn’s Fort Greene neighborhood. Owners Brian and Lena Gluck shut down the café at the end of October in order to sell off its equipment while continuing to service bikes through the end of November, when the shop will close.

Red Lantern sold a mix of refurbished bikes as well as new city bikes from local supplier Brooklyn Bicycle Co. and cargo bikes from Xtracycle.

“I was a Raleigh dealer for a couple years, and it went really well. But the sales just started to tank a couple years ago when companies started going direct to consumer. So I got out of that and went to used bikes,” Brian Gluck said.

He decided to close due to a number of factors, including an annual rent increase that continued to outpace his sales growth. “So we just decided we’d finish out the year and not go through another winter and call it quits now before the next increase kicked in,” Gluck said.

“And with the coffee shop, a Starbucks opened two blocks away and just decimated our walk-in traffic,” he added.

Additionally, the expansion …read more

Via:: Bicycle Retailer and Industry News