Rezoning Area
East New York
Commitment Title
Conduct a commercial district needs assessment of ENY retail corridors
Rezoning Policy Domain
Economic Development
Lead Agency
DEPARTMENT OF SMALL BUSINESS SERVICES (SBS)
Statement From Source Document Poa
SBS is currently working in partnership with the Cypress Hills Local Development Corporation, the Local Development Corporation of East New York, and Highland Park Community Development Corporation to conduct a Commercial District Needs Assessment (CDNA) of the Fulton, Atlantic, Liberty, and Pitkin Avenue commercial corridors. CDNA includes analysis of community capacity, physical environment, business environment, and market and demographic data to help SBS and its partners better understand the needs of local commercial corridors and develop ground-up recommendations to foster a healthy local retail mix. The results of this assessment will be published later this year in the form of an East New York commercial district profile coproduced by East New York partner organizations. Following results from the commercial district needs assessment, SBS will develop a work plan with local stakeholders to align SBS, City, and community resources with the needs of the East New York's commercial corridors.
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Timeline: CDNA completion and competitive funding to local groups in Summer 2016
Please see notes for full details
Narrative
The NYC Department of Small Business Services (SBS) worked in partnership with the Cypress Hills LDC, the LDC of East New York, and the Highland Park CDC to conduct a Neighborhood 360° Commercial District Needs Assessment (CDNA) of the Fulton Street, Atlantic Avenue, Liberty Avenue, and Pitkin Avenue commercial corridors. The CDNA, conducted between December 2015 and May 2016, highlights East New York's business landscape and consumer characteristics to help SBS and its partners better understand the needs of local commercial corridors. In October 2016, SBS published the results of the assessment, which can be found at nyc.gov/neighborhood360. The results, based on 239 surveys and various stakeholder meetings with neighborhood merchants, shoppers, workers, property owners, and residents, provide insight into existing conditions, business data, and opportunities for improvement. The CDNA will help SBS determine how it prioritizes local investments and serve as an informational and marketing resource for the neighborhood. Its findings informed how SBS awarded competitive Neighborhood 360° grant funding to nonprofits for commerical revitalization services in East New York.