DUMBO BID approved

BID will encompass 366 properties and address sanitation, security and marketing needs. The Planning Commission unanimously approved an application by the Department of Small Business Services to create a DUMBO Business Improvement District. The proposed BID would encompass 366 properties containing 575 existing businesses bounded by DUMBO’s York, Old Fulton, Gold, and Bridge Streets and extending to the East River.

Under the proposed BID, businesses and industrial uses would be assessed $.05 per-square-foot and $.004 … <Read More>