HARLEM WORLD MAGAZINE
Plans are underway to form a BID on East 125th Street, a diverse corridor with a rich cultural history, outstanding intermodal transit connectivity, and a growing population.
It is the terminus of the proposed Second Avenue Subway and has seen significant residential development over the past decade.
With the support of the NYC Department of Small Business Services (SBS) and Deputy Council Speaker Diana Ayala, local nonprofit Uptown Grand Central and a steering committee of area property owners, small business owners, tenants, community and nonprofit leaders have been working over the past year and a half to form East Harlem’s first-ever Business Improvement District (BID). A BID is a public/private partnership where property owners within a defined set of boundaries pay an assessment that is used to provide supplemental services in the district. Currently, there are 70-plus BIDs across New York City.
“Over the last 18 months a dedicated and diverse group of civically minded residents, business leaders, not-for-profits, property owners, elected officials and city agencies have rolled up their sleeves and created a blueprint for the East 125th Street BID,” said Melody Capote, Executive Director of the Caribbean Cultural Center African Diaspora Institute and Steering Committee Co-chair. “We have created a community-focused and inclusive plan to empower our community, beautify our streets and improve the quality of life for residents, visitors, business owners and everyone who come to East 125th Street.”