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Wednesday, June 10, 2009


Helping neighborhoods become more inviting to business and residents is part of the City’s Five Borough Economic Opportunity Plan

New York, June 10, 2009 - The Department of Small Business Services (SBS) Commissioner Robert W. Walsh today announced that services for the Park Slope 5th Avenue Business Improvement District (BID) in Brooklyn began this past weekend. The Park Slope 5th Avenue BID is the 16th of a total of 20 BIDs formed under the Bloomberg administration – the highest number of BIDs created under a single administration. Helping neighborhoods become more inviting to business and residents is an integral part of the City’s Five Borough Economic Opportunity Plan to create jobs for New Yorkers today, implement a vision for long-term economic growth, and build affordable, attractive neighborhoods.

“The formation of the Park Slope 5th Avenue BID is a testament to the Mayor's effort to energize and invigorate the City's neighborhoods,” said SBS Commissioner Robert W. Walsh. “The services provided by the BID to the community are essential to ensuring that small businesses, and the neighborhoods in which they operate, are given every opportunity to succeed. This BID will continue to make Park Slope a vibrant and attractive neighborhood."

On June 3, 2008, Mayor Michael R. Bloomberg signed legislation creating The Park Slope 5th Avenue BID. The BID boundaries include 5th Avenue properties and directly adjacent side street commercial properties from Dean St. to 18th St. The BID will provide maintenance, supplemental sanitation and security services, plus marketing and promotion of local businesses, holiday lighting, economic development, beautification and landscaping. As one of their first neighborhood improvements, the BID plans to install four solar powered trash compactors along the corridor.

The Park Slope 5th Avenue BID will serve approximately 900 businesses including restaurants, furniture stores, clothing shops, hair salons, spas, many of which are mom and pop retailers. These businesses range from vintage clothing and antiques to cutting-edge fashions, from restaurants with award winning cuisine to everyday dining, from ethnic restaurants representing a dozen cultures to coffee shops providing wi-fi, from bagel shops to supermarkets, from architectural consultants to flower shops, from major chain stores to small shops. The budget for the first year of operation is $300,000.

“The BID will help beautify and enhance the community while attracting more pedestrians and potential customers to the area,” said Irene LoRe, Executive Director of the Park Slope 5th Avenue BID. LoRe said she also looks forward to the events that will be sponsored by the BID, such as “Focus on Fifth” – from July 4th to Labor Day shops will display local artists’ paintings and photographs.

The BIDs established under Mayor Bloomberg have collectively invested over $17.5 million dollars towards the improvement of their districts since their inception. They provide supplementary services to over 700 block faces in New York City and serve over 5,000 businesses. In addition, in FY 2008 these BIDs have employed close to 70 sanitation workers and removed over 170,000 tons of garbage and 10,500 graffiti incidents; distributed close to 100,000 district guides; held over 70 events with an estimated 130,000 attendees; and beautified their districts by adding over 150 plantings and 700 pieces of street furniture. Under Mayor Bloomberg, the number of BIDs in Queens and Brooklyn grew over 50% and the number of BIDs in the Bronx doubled. In addition, the first BID in Staten Island, the Forest Avenue BID, was signed into law in 2004. There are a total of 64 BIDs in New York City.

About the Five Borough Economic Opportunity Plan
The Five Borough Economic Opportunity Plan is a comprehensive strategy to bring New York City through the current economic downturn as fast as possible. It focuses on three major areas: creating jobs for New Yorkers today, implementing a long-term vision for growing the city's economy, and building affordable, attractive neighborhoods in every borough. Taken together, the initiatives that the City has launched to achieve these goals will generate thousands of jobs and put New York City on a path to economic recovery and growth.

About The Department of Small Business Services
The Department of Small Business Services (SBS) makes it easier for businesses in New York City to form, do business, and grow by providing direct assistance to business owners, fostering neighborhood development in commercial districts, and linking employers to a skilled and qualified workforce. NYC Workforce1 Career Centers offer services to meet the needs of all jobseekers, including one-on-one job and career counseling, technical and educational services, workshops, and referrals to training providers. For more information on all of SBS’ services go to

  Contact: Laura Postiglione (SBS) 212/513-6318  

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