QUESTION
How does location and other factors affect the distribution of Business Improvement Districts (BIDs) across NYC boroughs?
0:18:10
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78 sec
Deputy Commissioner Calvin T. Brown explains that the distribution of Business Improvement Districts (BIDs) across NYC boroughs is primarily influenced by location and the presence of commercial corridors.
- The Bronx has 12 BIDs, Brooklyn 22, Manhattan 26, Queens 11, and Staten Island 4.
- BID formation relies on commercial corridors and geographic factors.
- The NYC Department of Small Business Services assists stakeholders with technical support throughout the BID process.
- The formation process considers properties not assessed due to city ownership, aiding in establishing realistic BID boundaries.
Oswald Feliz
0:18:10
We have approximately 75, 76 beds in the state of New York, 26 in Manhattan.
0:18:17
But we don't even have half of that in Brooklyn and in the Bronx.
0:18:20
So what are factors that you would say are playing a role in terms of you know, boroughs of Manhattan and the Bronx, not having bids compared to the numbers of all the
Calvin T. Brown
0:18:29
So so there's 12 bids in the Bronx, there are 22 in Brooklyn, 26 in Manhattan, 11 in Queens, and 4 in Staten Island.
0:18:39
And when it comes to bits, it's really about the location.
0:18:45
That has to consist of commercial corridors.
0:18:47
So there's a lot of factors that go into the formation.
0:18:51
So We work with stakeholders throughout the bid process offering technical assistant at every step.
0:18:58
So when it comes to the difference in geography, it's really about where they're commercial continuity, and we help them work about work we help them work through the boundaries, what makes sense, what's realistic.
0:19:14
There's certain properties that are not assessed, whether they're city owned.
0:19:19
So, like, we have to work through we help them work through some of those those issues to come up with a reasonable boundaries for what a bid looks like.
Oswald Feliz
0:19:27
Okay.