Hello Howard, I can tell you all about it. The Forest Ave Business Improvement District (BID) covers approximately a one mile commercial stretch of Forest Ave between Hart Blvd. and Broadway. Owners of commercial property in the BID are required to pay an average "supplemental assessment" in addition to their regular property taxes. The benefits are extra public services such as two full time street cleaners, new trash receptacles, streetscape improvements, Holiday lighting and decoration, and marketing plans aimed at attracting shoppers. The size of a commercial property's supplemental assessment will depend on the length of the property's frontage. I hope this answers your question.
Along one of Brooklyn's major thoroughfares, merchants say they want to create an Atlantic Avenue Business Improvement District to attract potential customers and bring improved services to the area. The Atlantic Avenue Business Improvement District would unify the 300 businesses on the strip and bring improved services to the area. Not all shop owners are in favor, since it would mean paying dues to support the BID.
Chinatown may soon become NYC's 65th (BID) Business Improvement District. City Council member Margaret Chin, and Chinese Chamber of Commerce's David Louie are promoting the plan which still requires approval by City Planning, and the City Council. If approved the district would cover varied areas between Broadway and Rutgers St. (east/west), and Broome St. and Madison St. (north/south).
More BID news; An effort is currently underway to form a Business Improvement District in Chinatown, NYC. In order to fund the BID, 74 percent of business owners would pay no more than a thousand dollars a year; 35 percent would pay $200 annually and residents would pitch in a dollar a year.