A Business Improvement District (BID) is a geographical area where local stakeholders fund and oversee services in their district to address neighborhood needs. BIDs provide supplemental services such as cleaning and greening of streets, business development, and public programming.

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The Yorkville Alliance BID Formation Effort is a community-led initiative spearheaded by a diverse Steering Committee of local residents, commercial property owners, tenants, and advocates. The effort includes members of established neighborhood organizations—such as Carnegie Hill Neighbors and the East 86th Street Association—and is supported by the New York City Department of Small Business Services (SBS).​ Our group has been working to create a Business Improvement District along the bustling East 86th Street corridor–and adjacent streets.