BROOKLYN, NEW YORK - March 30, 2009 - Following a unanimous vote by the New York City Council, Mayor Michael Bloomberg on Monday signed the legislation establishing the Bed-Stuy Gateway Business Improvement District in the Bedford-Stuyvesant section of Brooklyn, New York City's 64th, and Mayor Bloomberg's 20th. Beginning in fall 2009, the Bed-Stuy Gateway BID will provide district management services to properties along Fulton Street between Classon and Troy Avenues and along Nostrand Avenue between Halsey Street and Atlantic Avenue.
A desire of many residents and property owners of Bedford-Stuyvesant for nearly 30 years, the newly formed Bed-Stuy Gateway BID covers a bustling business district centered on the Brooklyn intersection of Fulton Street and Nostrand Avenue - a multi-modal transit hub that experiences some of the borough's heaviest pedestrian traffic.
With an annual budget of $675,000, the Bed-Stuy Gateway BID will be among the top 20 largest BIDs in New York City which range in annual budgets from $12 million to $95,000. The Bed-Stuy Gateway BID will provide a comprehensive suite of services, including: security, sidewalk sanitation and maintenance, marketing and beautification. The commercial district under the Bed-Stuy Gateway BID's management contains nearly 500,000 square feet of retail space located within a ten minute walk of nearly 100,000 residents.
"I applaud Councilmember Al Vann, his colleagues at City Council and Mayor Bloomberg for partnering with the business and property owners of Bedford-Stuyvesant and allowing us to take some control over the safety, cleanliness and direction of the district that is our livelihood," remarked Edmon Braithwaite, co-chairman of the Bed-Stuy Gateway BID Steering Committee and owner of numerous businesses in the area. "Bedford-Stuyvesant business owners cannot afford to sit idly by as our potential customers are scared off by streets that are dirtier, less attractive and less safe than our competing areas. In these trying economic times, we need every competitive advantage we can get. The BID will allow us to control the experience our customers will have when they walk down our streets to visit to our stores."
"The formation of the Bed-Stuy Gateway BID is truly a result of grass-roots leadership wanting to effect positive change in their community," remarked Colvin Grannum, President/CEO of Bedford Stuyvesant Restoration Corporation, a co-sponsor of the BID initiative. "Restoration is proud to have provided the technical assistance and support that was necessary to empower local leadership to push for the formation of the BID."
The launch of the Bed-Stuy Gateway BID coincides with a $10 million streetscape beautification project (pictured above) that will enhance the visual appeal of the business district with the addition of two new public plazas, new sidewalks, trees, benches, additional lighting and other amenities. The Bed-Stuy Gateway Streetscape Beautification Project, which has funding from New York City, Brooklyn Borough President Marty Markowitz, Council Member Albert Vann and the New York City Department of Transportation, will break ground in the fall 2009. Construction is expected to last until early 2011.
About the Bed-Stuy Gateway BID Steering Committee
The initiative to form the Bed-Stuy Gateway BID is a program partnership between Fulton-Nostrand United Merchants Association and Bedford Stuyvesant Restoration Corporation. The initiative is led by a steering committee composed of individuals from both organizations and other leaders from throughout Bedford-Stuyvesant. The vision of the Bed-Stuy Gateway BID Steering Committee is to create a district that is the business and cultural destination of choice for all residents of Bedford-Stuyvesant, Clinton Hill, northern Crown Heights, Ocean Hill and Brownsville. The BID Steering Committee is committed to:
About Bedford Stuyvesant Restoration Corporation
Spearheaded by local activists and then crafted into legislation by Senators Robert F. Kennedy and Jacob Javits in 1967, Bedford Stuyvesant Restoration Corporation (Restoration) is the nation’s first community development corporation.
Restoration is based on a truly visionary, history-making conception of community development, encompassing the whole of a community’s economy, health and family life and artistic expression. BSRC's mission is to improve the quality of life for all residents of the Bedford Stuyvesant area of Brooklyn by strengthening the local economy, family life and culture through a wide variety of programs and services in economic development, the arts, youth education, housing preservation and development.
BID Coverage:
http://www.brooklyneagle.com/categories/category.php?category_id=5&id=27258
http://www.comptroller.nyc.gov/press/2009_releases/pr09-03-072.shtm
http://www.brownstoner.com/brownstoner/archives/2009/03/bed_stuy_bid_ge.php















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