Council authorized budget increases for BIDs in the Bronx, Manhattan, and Queens. On January 18, 2011, the City Council adopted a local law authorizing increases in the annual budgets of six business improvement districts in the City. The boards of directors of the Grand Central Partnership, the 24th Street Partnership and the 125th Street Partnership in Manhattan, the Fordham Road BID, and the Mosholu-Jerome-East Gun Hill Road BID in the Bronx, and the Bayside Village BID in Queens initiated the process by submitting proposed budgets reflecting increased property assessments to the City’s Department of Small Business Services. Pursuant to the administrative code, the boards of (read more…)