Hooray For East Harlem: First Business Improvement District (BID) Coming To East 125th Street

September 29, 2023

Plans are underway to form a BID on East 125th Street, a diverse corridor with a rich cultural history, outstanding intermodal transit connectivity, and a growing population.

It is the terminus of the proposed Second Avenue Subway and has seen significant residential development over the past decade.

With the support of the NYC Department of Small Business Services (SBS) and Deputy Council Speaker Diana Ayala, local nonprofit Uptown Grand Central and a steering committee of area property owners, small business owners, tenants, community and nonprofit leaders have been working over the past year and a half to form East Harlem’s first-ever Business Improvement District (BID). A BID is a public/private partnership where property owners within a defined set of boundaries pay an assessment that is used to provide supplemental services in the district. Currently, there are 70-plus BIDs across New York City.

Read more in Harlem World here: https://www.harlemworldmagazine.com/hooray-for-east-harlem-first-business-improvement-district-bid-coming-to-east-125th-street.