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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

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