2015
"Being Poised for Growth"
Six years ago, the BID released a Retail Market Action Plan which was our first comprehensive review of existing inventory of properties along 125th Street from river to river. The Plan which incorporated specific recommendations and action items served as a guideline for BID priorities.
At the end of 2014 we realized many aspects of our vision and moving forward in 2015 we recognize that there is a transformation taking place and 125th Street is poised for continued growth.
The Happenings:
There were over 10,330,314 square feet of development activity either in the ground, planned or recently completed in 2014. Streetscape enhancement initiatives have been implemented and others still being planned. There is a surge in the quest for retail, residential and office space which means 125th Street is becoming more attractive to developers and retailers.
The Programs
BID Core programs continue to be Sanitation, Public Safety, Promotion, Real Estate Development Activities and Harlem Holiday Lighting (Click here and view the excitement). Our holiday lighting program continues to grow with greater participation from the community each year.
We have achieved cleaner streets and are increasing our service and beautification efforts. There is a reduction in crime and the BID has become a member of the Partner Officer Program Community Collaboration with NYPD.The activities of our real estate development committee continue to grow and this year the BID participated in the
International Conference of Shopping Centers in NYC
to promote 125th Street.
We invite you to join us as we continue our connectivity journey and to share our information -- website, newsletter, eblasts, social media pages -- with all those who would benefit.
Wishing you a successful and prosperous 2015. .
Best,
Barbara Askins
President/CEO
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Bed Bath & Beyond - Rentals Making Progress on 125th
The long-stalled site at 5 West 125th Street in Harlem is finally seeing some action, as the Aurora Capital Associates' and Adjmi family's 130,000-square-foot retail and rental development made rapid progress in the latter half of 2014. Now up to three stories (Bed Bath & Beyond will lease the second floor; co-working space company "WeWork" will lease the third floor), with another three floors containing 30 rentals to come, the project appears to be on pace for its fall 2015 completion date. View Article
DOT Proposes Riverside Drive
Traffic Calming
The plan for Riverside Drive stretched from 116th to 135th Streets, which ranks in the top third of high-crash Manhattan corridors. A road diet is also planned for Riverside Drive on the viaduct that passes over 125th Street and West Harlem, dropping the street from two lanes in each direction to one. Read More
 Obama Library Would Add to Revitalization Taking Place in West Harlem
The proposed library would be a cornerstone of Columbia's huge expansion. Its plans also include a parcel of land on the north side of 125th Street as well as three properties on the east side of Broadway. Read More
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PEDESTRIAN COUNTS
125th Street
Recording Area: 125th Street South West Corner of Frederick Douglass Blvd.
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Week of
December 29, 2014 - January 4, 2015
37,215 total visitors this week
-22.8% change from same week in the previous year.
Weekly Performance
The total customer count for the Week beginning 5-JAN-2015 changed by -30,051 from the previous week. Total count for portfolio as a whole changed -40.47%. The highest hourly customer count for the Week beginning 5-JAN-2015 were achieved on Saturday at 12pm.
View Full Report
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Top 10 Small Business Tax Tips for 2015
Tip #1: Get the most out of your auto/gas deduction
Tip #2: Track your business expenses on every possible occasion
Tip #3: Tax credits have been extended
Tip #4: Hire your children
Tip #5: Know your tax bracket
Tip #6: Install an energy-friendly system
Tip #7: Get the most out of your home office deduction
Tip #8: Form an S Corp if you have a lot of revenue ($500,000+)
Tip #9: Maximize your retirement fund
Tip #10: Start a Health Savings Account
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Stay Safe & Warm During Winter
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The BID wants you to stay warm & safe this winter, here are a few tips:
*Drive Slowly in the snow
*Avoid Strain While Shoveling
*Treat Frostbite immediately
*Prevent Carbon Monoxide Poisoning
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Tribute to Dr. Martin Luther King Jr.
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January 19, 2015
Martin Luther King Jr. Day
This month we celebrate the life of an influential leader that made major impacts on the lives of all Americans.
Harlem, always in the forefront of recognizing achievements of our leaders, renamed 125th Street Dr. Martin Luther King Jr. Boulevard in 1984.
His messages of peace, love and unity always resonates in America. In keeping Dr. Kings memory alive, 125th street BID is dedicated to continue to build a working relationship between community residents and businesses.
The message from his famed speech on Washington continues to have a significant impact on this nation.
I Have a Dream Speech
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Update
A few weeks ago, the building on the corner of 125th Street & St. Nicholas began to slightly crumble. Thankfully, no one was injured and in an effort to ensure safety, the building is currently being taken down completely. Once developed, this corner will certainly be another significant change on 125.
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Tier II Filing
The Community Right-To-Know (RTK) Program has Tier II Online Filing System to allow facilities to electronically submit their Annual, Revision or Updated Submission.
View Workshop Schedule
More Information
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Jan 15th
6:00 pm - 9:30 pm
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Louis Armstrong Inducted into Apollo Theater Walk of Fame
Crowds gathered as a New Orleans style second line, featuring Irvin Mayfield as the leader as well as members of the New Orleans Jazz Orchestra, sauntered down 125th Street to the Apollo Theater to induct Louis Armstrong into the Apollo's Walk of Fame, which sits right under the canopy of the famous Harlem Theater. Read More
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