The B&W treatment is good and does add to the commentary of the shot.
While your PoV is going in the right direction, I can't help but feel the image is very top loaded. I get the sensation that a huge magnet is hovering above and all the cars' rooftops have been drawn towards it. I think possibly having either a bit more or a fair amount less of that area would improve this image.
I understand and totally agree that the bike lane symbol is in an appropriate location in the shot. However, I feel the left side stripe should be on the left edge of the frame as the right side is doing.
Just another note or really a question. Do NYC cyclist wear double billed caps with no dome on their heads or do the street painters like having a laugh? The symbol looks to have a flat head.
Just my 2¢.