LESBID_annualreport_.. - Lower East Side Business Improvement ...
LESBID_annualreport_.. - Lower East Side Business Improvement ...
LESBID_annualreport_.. - Lower East Side Business Improvement ...
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LOOKING AHEAD TO 2012<br />
The BID is looking forward to an exciting and busy<br />
2012!<br />
We will begin the new year by formally introducing<br />
our brand new free iPhone app! We are the first business<br />
improvement district to have its own iPhone app<br />
that is GPS based, i.e. it will search for what you’re<br />
looking for based on your current location. We are<br />
confident that it will be a great marketing tool for<br />
our neighborhood by giving visitors and residents<br />
alike an easy way for them to navigate their way<br />
around the fabulous stores, restaurants, bars and<br />
events on the <strong>Lower</strong> <strong>East</strong> <strong>Side</strong>. Later in 2012, we will<br />
follow this up by releasing an app for the Android<br />
platform.<br />
The BID’s plans to expand its boundaries are also<br />
moving ahead. We hope to expand our boundaries<br />
to go from the Bowery to Clinton Street from east to<br />
west, and roughly from E. Houston Street to Canal<br />
Street from north to south (with the exclusion of the<br />
southwestern portion of this area which will be in<br />
the Chinatown BID). We anticipate having our public<br />
meetings in very early 2012, and then taking our<br />
expansion to a legislative process with the goal of formally<br />
expanding by early 2013.<br />
We also have exciting plans to branch out in other<br />
ways. The board has authorized the formation of a<br />
new sister organization, the <strong>Lower</strong> <strong>East</strong> <strong>Side</strong> Development<br />
Corporation. The LESDC will be looking for<br />
new development projects that will contribute to the<br />
overall well-being of the <strong>Lower</strong> <strong>East</strong> <strong>Side</strong> community.<br />
These projects can include such things as a new small<br />
business incubator, community facilities and affordable<br />
housing, just to name a few. Thanks to the Lawyers<br />
Alliance, we are working with the firm of Morgan<br />
Lewis & Bockius who are donating their services<br />
to us pro bono to help us legally form the new organization.<br />
Beginning in January, we will also be working<br />
with business students from CUNY’s Baruch College<br />
on creating a business plan. There are several other<br />
BIDs in New York that also have a local development<br />
corporation affiliate, and we will be conferring with<br />
those groups as our new local development corporation<br />
gets organized.<br />
20 y <strong>Lower</strong> <strong>East</strong> <strong>Side</strong> Annual Report 2011