NYC’s Business Improvement Districts

The Real Deal, a New York City real estate trade publication, posted an interesting article today about what New York’s Business Improvement Districts do for the city.  There are 70 Business Improvement Districts (BIDs) in NYC, all of which are funded through a tax assessment paid by the property owners within the district.  BIDs help beautify and clean neighborhoods, as well as maintain safety and help with the development of businesses.  However, they do much more than that as well.  Learn about the real influence they have in NYC neighborhoods by reading The Real Deal article here and find your local BID here.

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