Cover of NYC Business Improvement District Trends Report: Fiscal Year 2018
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    This new annual report highlights the significant impact of Business Improvement Districts (BIDs), including projects providing socially responsible solutions to quality of life concerns. More than $40 million of the BIDs' investments were raised from external sources, including more than $1 million in grants administered by SBS.
A large group of people at a street fair with stores on either side
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    The awards, funded by SBS' Avenue NYC initiative, will be used to strengthen CBDOs' capacity to carry out tailored, multi-year commercial revitalization programs in low- and moderate-income communities. The multi-year awards aim to enhance the capacity of CBDOs to understand local neighborhood needs and deliver impactful community development projects.
Screenshot from video featuring two women meeting in an office
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    The fellowship program is part of Neighborhood 360°, an SBS initiative that strengthens commercial districts that anchor the city's neighborhoods. The fellowship program pairs future neighborhood development professionals with selected community-based organizations (CBOs) to launch projects related to business attraction and retention, placemaking, and merchant organizing.
A man giving a presentation in front of a room full of people
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    The five winning community-based organizations will each receive awards of $100,000 from SBS' Neighborhood Challenge program to implement tailored, data-driven solutions that build their capacity to address the challenges faced in their commercial districts.


We work with community-based organizations to build vibrant neighborhoods where New Yorkers can shop, work, and live by:

  • Overseeing the largest network of Business Improvement Districts (BIDs) in the country, which delivers more than $134 million in additional services throughout the five boroughs
  • Offering training, tools, and one-on-one assistance to local community-based organizations
  • Administering grant programs to strengthen and revitalize commercial districts
  • Working with community partners to identify local commercial district needs and plan targeted solutions

Contact us for more information.

Programs & Initiatives