Authorizing an increase in the amount to be expended annually in two business improvement districts.

A Local Law to amend the administrative code of the city of New York, in relation to authorizing an increase in the amount to be expended annually in two business improvement districts

This bill would authorize the Bryant Park business improvement district to increase the amount it expends annually from $1,600,000 to $2,500,000 and would authorize the Flatbush-Nostrand Junction business improvement district to increase the amount it expends annually from $200,000 to $350,000, in both cases retroactive to July 1, 2020.