FOR IMMEDIATE RELEASE
May 11, 2006
MAYOR BLOOMBERG SIGNS LEGISLATION ESTABLISHING THE FLATBUSH-NOSTRAND JUNCTION BID
Remarks by Mayor Michael R. Bloomberg at a Public Hearing on Local Law
"The first bill before me today is Introductory Number 143, sponsored at the request of the Administration by Council Members Weprin, Stewart and Fidler. This bill establishes the Flatbush-Nostrand Junction Business Improvement District in Brooklyn.
"Business Improvement Districts (also known as "BIDs") 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 Flatbush-Nostrand Junction 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 that 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 establishing the City's 54th BID. I also want to acknowledge the important contributions of the members of the Flatbush-Nostrand Junction BID Steering Committee and the City Council."
Stu Loeser / Jordan Barowitz (212) 788-2958