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Elie Tahari’s Main Street Bicycle.

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PEDAL POWER: Fendi’s Karl Lagerfeld isn’t the only one raising the typical two-wheeler to designer status. Elie Tahari is teaming up with California-based manufacturer Phat Cycles on a limited edition bike for the summer. The Elie Tahari Main Street Bicycle takes its name from the address of the firm’s East Hampton boutique, where the $900 bike will debut exclusively in June and feature an exclusive leopard print from the designer’s fall 2009 collection as well as handlebars and a dual spring saddle covered in his signature camel-colored leather. The Elie Tahari logo, meanwhile, is embossed on the chain stay. “Bicycles have always been an essential part of summer for my family and me,” Tahari noted. His destination of choice? Bridgehampton’s Ocean Road bike path, a stone’s throw from his home in Sagaponack.

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