New York City Council Approves Expansion of Flatiron/23rd Street Partnership BID’s Boundaries
Thursday, July 22, 2021
In July, The New York City Council approved legislation that will expand the boundaries of the Flatiron/23rd Street Partnership Business Improvement District (BID) as of January 1, 2022. The Partnership provides supplemental sanitation and safety services, homeless outreach, public space management and beautification, marketing, business support, and advocacy to the BID. Councilmembers Carlina Rivera and Keith Powers supported the expansion of this BID. The expanded northern boundaries of the BID go as far as 33rd Street on Park Avenue.
BID programs and services are funded by a special assessment billed to property owners within a district. Assessments are unique to each BID and decided upon by the BID’s stakeholders. The City of New York assists with the collection of the special assessment. The BID receives 100% of the money collected. BIDs help to brand their districts and promote small businesses in their area. They facilitate networking among merchants, host community events, and advocate for improvements to the district. Each BID is run by a not-for-profit organization with a Board of Directors. Elected by members in the district, the Board must include property owners, merchants, residents, and representatives of local elected office. The Board is in charge of making key decisions about programs and services, budget, goals, policies, and staffing. Learn more about BIDs at www1.nyc.gov/site/sbs/neighborhoods/bids.page.