The 125th Street Business Improvement District (BID)

 

A not-for-profit corporation was established in September 1993 to stimulate economic life in the 125th Street area of Harlem by developing commercial and service establishments, to spur private investment, and to improve the strip's physical appearance. Organized in compliance with state and city laws, the BID allows property and business owners in defined areas to adopt a budget for specific services they desire, and to levy a special assessment to cover the cost of those services.

The 125th Street commercial corridor is home to outstanding cultural institutions and historic landmark buildings, including the Studio Museum, the world famous Apollo Theater, the National Black Theater, the Cotton Club, and the Theresa Hotel

125th Street offers a wide variety of services and retail businesses ranging from small to medium-sized stores. There are schools and churches, banking institutions, a post office, and two utility companies. The Adam Clayton Powell, Jr. office building is the home to Elected Officials who represent the space Harlem community, to several non-profit institutions and community-based organizations, and to several city and state agencies. In Addition, former President Bill Clinton opened the main branch of the William J. Clinton Foundation here on 125th Street.

 

 
  

        Mayor David Dinkins signs 125th Street BID into law, September 1993.

 

Our Vision

To become a multi-dimensional regional center consisting of a range of uses including commercial retail, offices, social gathering places, residential, educational, civic, and religious, with strong emphasis on Culture and complementary culture-related commercial throughout the entire area.

Our Mission

Expand sustainable economic activity in the area including the creation or expansion of businesses and the development of jobs for community residents.

Maximize the ability of local residents, businesses and institution to benefit from any and all opportunities created by commercial revitalization efforts.

Improve the quality of life in the community.

Our Boundaries

The BID is responsible for five-block area in Central, West, and East Harlem and stretches between Morningside and Fifth Avenues in Manhattan. Businesses facing 125th Street on the avenue where the corner buildings front on 125th Street and the two east corner buildings on Fifth Avenue are members of the BID.

125th Street District Management Association (DMA): The DMA consists of property owners, commercial tenants, residential tenants and government representatives and community boards who set policy and provide oversight.

 

 360 W. 125th Street, Suite 11 New York, NY  10027

 Tel. (212) 662-8999  Fax. (212) 678-5136    Email: BID125THST@aol.com 

Copyright 2008