Proposed Chinatown BID nears approval

Image: courtesy of Chinatown Partnership LDC.

Group of Chinatown property owners cited concerns about the BID’s assessment formula. On May 26, 2011, the City Council’s Finance Committee held a hearing on the Department of Small Business Services’ plan to create the Chinatown Business Improvement District encompassing more than 6,000 commercial businesses in Manhattan’s Chinatown. The BID would comprise 50 blocks generally bounded by Broome Street to the north, Worth and Madison Streets to the … <Read More>