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AGENCY TESTIMONY
Neighborhood Development Division and Business Improvement Districts
0:16:43
ยท
61 sec
SBS's Neighborhood Development Division supports 76 Business Improvement Districts across New York City, which deliver significant services to local businesses and communities.
- BIDs collectively deliver over $190 million in services annually
- Services benefit over 24,000 storefronts across nearly 300 miles of commercial corridors
- More than $5.3 million has been baselined for neighborhood development grants, bringing the administration's total investment to over $40 million
Dynishal Gross
0:16:43
SBS's Neighborhood Development Division or NDD supports New York City's Seventy Six business improvement districts which collectively deliver more than 190,000,000 in services annually to over 24,000 storefronts across nearly 300 miles of commercial corridors in all five boroughs.
0:17:07
I was proud to stand alongside you Chair Felice and Bronx Chamber of Commerce President Lisa Soren and leaders from the Fordham Road bid and several other Bronx based bids to celebrate the baselining of more than $5,300,000 for neighborhood development grants bringing the administration's total investment to over $40,000,000.
0:17:33
These grants have funded innovative lighting projects, murals, and neighborhood wayfinding initiatives, and other activities to support commercial corridors post pandemic.