Thursday, January 8, 2009

Update: Fulton Business Improvement District

It was only a short time ago that we posted about the progress of the Fulton Business Improvement District (see here:

We are happy to follow-up with Mayor Bloomberg's December 29th announcement that the Fulton Business Improvement District (BID) legislation has been signed into law.

According to a press release, the Mayor stated "BIDs are voluntarily formed community organizations that promote business development and improve the quality of life in neighborhoods across the City. Established by local law, BIDs are self-funded by local property owners and are overseen by the City's Department of Small Business Services. BIDs are valuable economic tools that strengthen and stabilize commercial and industrial areas."

On behalf of Council Member James, we express our gratitude towards the Fulton Street BID Steering Committee, Pratt Area Community Council, numerous local business owners, and Mayor Bloomberg in assisting the efforts to strengthen Clinton Hill/Fort Greene's vibrant business community.

Press Release from the Blue Room:

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