#urban-investment

#urban-investment

Mayor Zohran Mamdani announced on Sunday the establishment of the Coney Island Business Improvement District (BID), aiming to bolster small businesses with a $1 million investment. The investment will include a variety of sanitation and beautification efforts, enhanced marketing materials, additional greenery, and power-washed communal spaces. Mamdani said at Sunday's press conference announcing the BID that for far too long, the city and state have failed to invest in Coney Island in a meaningful way.