Article: What's the bid deal? Can the Grand Central Business Improvement District serve a special limited purpose?(New York City)

INTRODUCTION

Business Improvement Districts ("BIDs") have changed the landscape of urban governance. Clothed with limited powers traditionally held by the state, BIDs are private entities that provide supplemental sanitation, security, and social services to limited geographic areas within cities.(1) Today, BID workers are a regular presence on the municipal terrain--whether they are sweeping streets, hailing taxis, or providing tourist information. BIDs have harnessed private sector creativity to solve complex municipal problems and have made cities safer and cleaner.(2)

Funded by an extra assessment on property owners, BIDs conduct their operations ...

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