FOR IMMEDIATE RELEASE
December 1, 2005
MAYOR MICHAEL R. BLOOMBERG SIGNS LEGISLATION CREATING DUMBO BUSINESS IMPROVEMENT DISTRICT
Remarks by Mayor Bloomberg at a Public Hearing on Local Laws
"The next bill before me today is Introductory Number 691, sponsored at the request of the Administration by Council Members Weprin, Comrie, Yassky and Public Advocate, Betsy Gotbaum. This bill amends the administrative code of the city of New York, in relation to the establishment of the DUMBO business improvement district in Brooklyn.
"Business Improvement Districts are community organizations that are voluntarily formed to promote business development and improve the quality of life in neighborhoods across the City. Established by local law, BIDs are self-funded by local property owners and are overseen by the City's Department of Small Business Services. The DUMBO BID will provide maintenance and sanitation services, holiday lighting and decoration, marketing and promotion of the shopping strip, and street beautification. The services provided to the communities are essential to ensuring those small businesses, and the neighborhoods in which they operate, are given every opportunity to succeed.
"BIDs are a proven example of how public/private partnerships can promote economic development. This bill will further the fundamental role that BIDs have played in the economic development of our neighborhoods and in the renaissance of New York City.
"I would like to thank Rob Walsh, the Commissioner of the Department of Small Business Services and his staff for their role in shepherding the City's 52nd BID through the approval process. I also want to acknowledge the members of the DUMBO BID Steering Committee and the Council for their important contributions throughout this process."
Edward Skyler / Jordan Barowitz (212) 788-2958
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