New BID for downtown Brooklyn area now a step closer.
The formal plan for the new Court-Livingston- Schermerhorn Business Improvement District (CLS BID) will be shared with the public at an open meeting next week.The meeting, scheduled for Wednesday, September 27 at 5:30 p.m., will be in the Downtown Learning Center, 180 Livingston Street, 1st Floor (between Smith and Hoyt Streets) in Downtown Brooklyn. The public meeting is in advance of the public approval process that is expected to kick off in October and will involve participation by Community Board 2 and public officials.
A BID Steering Committee comprised of property and business owners from within the neighborhood, with the assistance of the Downtown Brooklyn Council (which is now part of the Downtown Brooklyn Partnership), has been working over the last year to explore the feasibility of establishing a BID.
The new CLS BID will provide sanitation, security and other services in the designated area.
With funding from the city's Department of Small Business Services, a pilot program will provide street cleaning services beginning on October 1, and lasting, through the end of the year. The Doe Fund has been retained to provide the supplemental sanitation services along Livingston Street from Court Street to Flatbush: Avenue, and Court Street between Atlantic Avenue and Joralemon Street.
"The plan to create a BID is a great thing for commercial owners and residents because it will make the community stronger and ultimately better," said Fran Schor, president of The Treeline Companies, who serves on the Steering Committee.
"We hope a BID will visually enhance the area and attract new investment to the community. This is a vibrant neighborhood that is important to the economic revitalization of the whole borough."
Typically BIDs provide street cleaning services, extra security, graffiti removal and beautification efforts, marketing, promotion and branding programs, as well as advocacy and local government liaison services. Current Downtown Brooklyn BIDs include Montague Street, MetroTech and Fulton Street Mall.
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| Title Annotation: | Business Improvement District |
|---|---|
| Publication: | Real Estate Weekly |
| Date: | Sep 27, 2006 |
| Words: | 318 |
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