The BID for SoHo’s Broadway seeks to foster a unique, vibrant, mixed-use district with enhanced maintenance and public safety, effective advocacy and administration, technical and professional services for its members, and strategic capital improvements.
The BID for SoHo’s Broadway is dedicated to:
- Encouraging members of the District to be “good neighbors”, making “mixed-use” work for everyone, and to benefit from the inclusive representation inherent in the BID organization as neighborhood type issues will require striking a reasonable balance between residential and commercial interests.
- The promotion and support of the artistic, architectural, cultural, and historical links and landmarks that contribute to the identity and character of the District and the SoHo community at large.
- The enhancement of the quality of life and the recognition of the diverse experiences of all who live, work and play within the District.
Lastly, in place of the generic “SoHo Business Improvement District”, a more direct reference to the BID is reflected in the name “SoHoBroadwayBID”.
As required by the BID Law and authorized by Mayor Michael R. Bloomberg by a resolution dated October 12, 2010, a District Plan for the SoHo Business Improvement District was prepared and answers all reasonable questions about the intentions of the BID. It describes the BID district, services and improvements, the annual operating budget, the BID Assessment formula to calculate the annual charge to each property within the BID area, the BID organization, and other planning documents.
TABLE OF CONTENTS
I. Map of the District
II. Present Uses of District Property and District Profile
III. Proposed Services
IV. Proposed Improvements
V. Proposed Sources of Funding
VI. Proposed Expenditures: Annual Budget
VII. Benefited Properties
VIII. District Management Association
IX. User Rights
XI. Glossary of Terms