The major goal of BID formation is to create a formal organization to act as an advocate, liaison, promoter and problem solver for the business community, and enhance quality of life for all who live, work, dine, shop, stroll, and invest in businesses and properties on Third Avenue. The BID formation Steering Committee is focused on creating an organizational structure to deliver those goals in an efficient and cost effective manner, recognizing that every dollar spent will directly impact the avenue in a positive way. The BID formation aims to unlock the long-term potential of Bay Ridge Third Avenue, ensuring that the corridor maintains its vibrance and economic viability in perpetuity.
The Bay Ridge Third Avenue Business Improvement District formation Steering Committee consists of business owners, property owners, residents, government officials, and community representatives who share a common mission to maintain Third Avenue’s reputation among all of NYC’s shopping corridors as a preeminent avenue to Shop, Dine and Stroll. Bay Ridge Third Avenue is currently an active and vibrant part of the Bay Ridge community, hosting parades, strolls, receptions, networking opportunities and festivals.
The rapidly changing and improving landscape of NYC draws our residents to distant areas of the city to shop and dine. Additionally, as a result of the e-commerce trend, local brick and mortars are losing major profits to online retail. The committee understands the need to maintain our resident shopping base and expand it by inviting residents of other neighborhoods to visit us. Marketing and an online presence, both of which is currently lacking due to insufficient funding and volunteers, will be an important component of the BID effort.
Property owners on Third Avenue must understand that they are in partnership with the commercial tenant and must invest in the avenue to maintain the avenue’s attractiveness and desirability. The successes of BIDS citywide is due to the 100% involvement of business and property owners; a concerted effort is needed to maintain and improve the business atmosphere and experience.
Make A BID on Third
Support the formation of the Third Avenue Bay Ridge Business Improvement District (BID)