Big BIDS Are BetterThe numbers people over at NYU NYU New York University NYU New York Undercover (TV show) ’s Furman Center for Real Estate and Urban Policy The Furman Center is a joint center at New York University School of Law and the NYU Wagner School of Public Service. The Furman Center was established in 1994 to create a place where people interested in affordable housing and land use issues could turn to for factual, have figured this out: that large office-heavy business improvement districts, such as the Downtown Alliance and the Times Square Alliance, can increase the value of property within their boundaries by 15 percent. But the BIDS that serve smaller retail areas appear to have little impact at all--presumably, the report says, because their budgets are not large enough to make a difference in terms of security and capital improvements. The center sounds a note of caution that could slow down the proliferation proliferation /pro·lif·er·a·tion/ (pro-lif?er-a´shun) the reproduction or multiplication of similar forms, especially of cells.prolif´erativeprolif´erous pro·lif·er·a·tion n. of these loosely governed duchies, the number of which has now topped 40 in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of : “The difference in BID impacts suggests that the city should be skeptical of the claim that simply forming another BID is always a positive outcome.” 
|
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion