Section I
Review of 2006 - 2007
Services provided pursuant to the Kingsbridge BID’s contract with DBS:
Area Maintenance and Beautification:
A cleaning crew of three men on both weekdays and on weekends clean all common public areas including 18 inches of
street from curb. They also remove illegally posted advertising and clean out tree pits.
Trash baskets are emptied each
am and pm for Sanitation pick-up. Due to heavy traffic in the early evening, the crew schedules overlap so they are
working from 8 am until 7 pm. both on weekends and weekdays. This is the largest single expense item for the BID.
Graffiti removal is done monthly from Apr-Dec.
Weeding pulling had to be done twice in the summer due to extended heat; mulching and washing of tree pits done each
year.
Worked with Parks Dept to have 15 new trees planted on W 233 & W 234 between the Major Deegan and Broadway.
Security: The BID has no need for a security program.
Holiday and Seasonal Decorations:
The Kingsbridge BID has Holiday Lighting installed from Thanksgiving weekend until early January on all commercial
streets of the District. Due to the width of W 231st St, arches can be placed from sidewalk to sidewalk. Broadway
has snowflakes on all light poles.
Marketing and Promotion:
48 large and small banners with the Kingsbridge BID logo were installed on light poles.
6,000 shopping maps were printed and distributed to all merchants.
The BID has expanded its web site information with photos and store hours.
Marketing items distributed through the year were pens, magnets, and umbrellas.
Much of the advertising budget was used during the Christmas holidays. The BID ran TV commercials, local newspaper
advertising, and a new campaign promoting the District by advertising in local bus shelters. In December, wall calendars
promoting Kingsbridge were given to all merchants for their customers. Another new shopping guide will be distributed
this summer.
Business Development:
During the past fiscal year we had the following business changes: Closed: 8 Opened: 4 Expanded: 1 Moved: 3
Information packets are mailed to commercial brokers as requested.
The Facade Program is growing slowly but successfully. Any merchant planning facade work may obtain up to $500 to
offset the costs of exterior renovations. 5 merchants received funds this year.
A master map of the business area was created showing recent residential & commercials sales and current/planned
construction projects.
New businesses have moved into the District. We have a tailor, a day care center and a new women’s fashion accessory
store.
Construction for new housing has begun at a former parking lot. The IHOP Restaurant will hopefully begin ground
breaking this fall. The city-owned parking lot program is progressing through the formal processes required by the City.
We currently have 13 ground floor vacancies; several have been open and shut regularly. Renovations to the subway are
complete and should increase shopping activity with the modern facilities and elevator system.
Outreach Activities:
More and more merchants are comfortable contacting the BID for information and help.
An emergency-planning booklet was reprinted and distributed to all merchants. Information on the new rechargeable battery
law was mailed to appropriate merchants.
The BID attends local Community Board meetings, local Precinct Council meetings, and forwards all materials received
from City agencies to our members. We have a good working relationship with our local police officers and sanitation
officials. Mailings are done regularly to update the membership. The District Manager walks the District on a regular
basis to monitor street activity. New merchants are given information on the BID and BID programs.
Constituent Satisfaction and Problems Encountered.
Awareness and satisfaction with street sanitation has received the highest positive response from our businesses. Many
members know to call the BID about lighting, trash and graffiti problems.
Some merchants complain about groups of students loitering after school. School dismissals are monitored by the 50th
Precinct.
Holiday Lighting along with sanitation has one of the highest rates of satisfaction by both merchants and shoppers. Both
of these programs will continue. Maps become dated very quickly but are regularly requested
Area Maintenance and Beautification:
The BID will continue our daily sidewalk maintenance program and monthly anti-graffiti program. We have expanded our
cleaning program to the Major Deegan overpasses. Funds for sign or awning cleaning are available under the Facade
Program. The BID will continue this program for any storefront renovations. This would include outdoor benches for
shoppers. Tree pits will be maintained with washing and mulching. Weed removal is needed twice per season and will be
done. Curb flooding and pots holes are problems that need resolution in cooperation with DOT. We are awaiting results
of a DOT study on the step-street renovations. The BID will work with DOT to increase the improvements needed. We
will be organizing more new tree plantings in the business district.
Security:None planned.
Holiday and Seasonal Decorations: Holiday Lighting and Street banners will continue.
Marketing and Promotion:
Sponsor of Kingsbridge Little League All-Star Games.
Merchants will be surveyed on marketing plans and suggestions.
Ongoing development of promotional items: t-shirts
Will continue the Facade Program.
More print advertising in local papers and bus shelters and billboards.
DOT has started installing muni meters in Riverdale and will expand to Kingsbridge in 2008.
The City will install new bus shelters at all locations in NYC.
Business Development:
The BID will expand its web site information to include links to other websites.
Develop a professional marketing information packet for mailing to selected retailers who are seeking locations
in Kingsbridge.
Outreach Activities:
Direct mail and our website is the major method of communication with merchants. We will continue to participate
in Committee work for Community Board #8.
Measure outcome & evaluate effectiveness.
We are planning a marketing survey of merchants, which will give a better evaluation of the BIDs' planned marketing
programs.
Section III FISCAL REPORT
| |
Budget |
Actual |
Projected |
Actual |
REVENUES AND
SUPPORT |
7/01/06-
6/30/07 |
7/01/06-3/30/07
|
4/1/07-6/30/07
|
4/1/07-6/30/07
|
Special Assessment |
235,000 |
117,500 |
117,500 |
N/A |
Interest |
400 |
277 |
123 |
N/A |
Carry Over previous yr. |
101,157 |
50,578 |
50,579 |
N/A |
Total Revenues & Support |
$336,557 |
$168,355 |
$168,202 |
|
|
|
|
|
|
EXPENSES |
Budget |
Actual |
Projected |
Actual |
Program Services: |
7/01/06-
6/30/07 |
7/01/06-3/30/07 |
4/1/07-6/30/07 |
4/1/07-6/30/07 |
Cleaning & Sweeping |
119,700 |
64,200 |
55,500 |
N/A |
Promotion/Advertising |
26,800 |
25,298 |
7,488 |
N/A |
Holiday Lighting |
28,000 |
28,014 |
- |
N/A |
Tree Planting & Benches |
6,000 |
- |
- |
N/A |
Facade Program |
5,000 |
1,500 |
3,500 |
N/A |
Total Program
|
$185,500 |
$119,012 |
$66,488 |
|
| |
|
|
|
|
| |
Budget |
Actual |
Projected |
Actual |
General and Administrative: |
7/01/06-
6/30/07 |
7/01/06-3/30/07 |
4/1/07-6/30/07 |
4/1/07-6/30/07 |
District Manager
|
51,703 |
37,782 |
13,921 |
N/A |
Bookkeeping Services
|
500 |
240 |
260 |
N/A |
Fringe Benefit
|
9,700 |
7,989 |
1,711 |
N/A |
|
|
Total Salaries |
61,903 |
46,011 |
15,892 |
N/A |
Rent |
9,600 |
7,200 |
2,400 |
N/A |
Telephone |
3,000 |
2,061 |
939 |
N/A |
Utilities |
- |
- |
- |
N/A |
Printing/Postage |
1,400 |
751 |
649 |
N/A |
Office Supplies |
1,110 |
794 |
316 |
N/A |
Insurance |
16,500 |
13,778 |
2,722 |
N/A |
Audit/Legal |
4,250 |
4,298 |
- |
N/A |
Conferences/Annual Mtg. |
537 |
78 |
459 |
N/A |
Other:Equiptment |
400 |
33 |
367 |
N/A |
| Payroll Taxes & Expenses |
5,400 |
4,056 |
1,344 |
N/A |
Total General & Admin |
$104,100 |
$79,060 |
$25,088 |
|
Total Expenses |
289,600 |
198,072 |
91,528 |
|
Reserves
|
29,457 |
14,729 |
14,729 |
|
Contingency |
17,500 |
13,125 |
4,375 |
|
|
|
Budget Totals |
$336,557 |
$225,926 |
$110,632 |
|
Section IV 2008 BUDGET
REVENUES |
|
|
|
|
Special Assessment |
235,000 |
|
|
|
Interest |
400 |
|
|
|
Other: Carry over |
119,150 |
|
|
|
Total Revenue
|
$354,550 |
|
|
|
|
|
|
|
|
EXPENSES
|
|
|
|
|
Program Services
|
|
|
|
|
Street Sanitation
|
84,200 |
|
|
|
Holiday Lighting
|
26,714 |
|
|
|
Graffiti Removal
|
1,350 |
|
|
|
Façade Grants
|
2,000 |
|
|
|
Media: TV, radio, website
|
6,000 |
|
|
|
TV Ad Spring 06
|
3,500 |
|
|
|
Print:maps/newspaper/
|
|
|
|
|
calendar/bus shelter/etc
|
15,000 |
|
|
|
Promotional Items
|
2,000 |
|
|
|
Newspaper
|
500 |
|
|
|
Website
|
500 |
|
|
|
Tree Pit Maintenance
|
900 |
|
|
|
Total Program
|
$185,500 |
|
|
|
| |
|
|
|
|
| |
|
|
|
|
General and Administrative
|
|
|
|
|
Staff
|
51,703 |
|
|
|
Insurance
|
16,500 |
|
|
|
Fringe Benefit
|
9,700 |
|
|
|
Rent
|
9,600 |
|
|
|
Payroll Taxes & Fees
|
5,400 |
|
|
|
Audit/Legal
|
4,250 |
|
|
|
Telephone
|
3,000 |
|
|
|
Office Supplies
|
1,000 |
|
|
|
Bookkeeping Service
|
500 |
|
|
|
Utilities
|
- |
|
|
|
Printing/Postage
|
1,400 |
|
|
|
Conferences/Annual Mtg.
|
537 |
|
|
|
Other:Equipment
|
400 |
|
|
|
Dues & Subscriptions
|
50 |
|
|
|
Licenses &Permits
|
60 |
|
|
|
Total Administrative
|
$104,100 |
|
|
|
| |
|
|
|
|
Total Expenses |
$289,600 |
|
|
|
Contingency |
$17,500 |
|
|
|
Reserves |
$29,457 |
|
|
|
Section IV (a) BUDGET NOTES Program Services have several one-time programs, which will be financed from
carry-over funds from first two years of BID operations. |
Section V REQUESTED SPECIAL ASSESSMENT FOR FY 2008
FY2007 Assessment_____ $235,000 _____
FY2008 Assessment _____$300,000 _____
The Kingbridge Business Improvement District is considering an application for a budget increase in FY2008. |
| |
Section VI BOARD OF DIRECTORS |
Class A |
Property
Owners |
| |
|
Peter Blier |
Martin & Kenneth Realty
P.O. Box 52
Hartsdale NY 10530
914-761-2161 |
Eric Chen |
Pan East Realty
275 W 231
Bronx NY 10463
718-543-3364 |
David Isaac |
North Fork Bank
185 W. 231st St. 10463
718-549-3495 |
Robert M. Johnson |
M.J.
Martin & Son
2910 Exterior St.
Bronx NY 10463
718-562-9071 |
Stephano Katiskoumbas |
Bizani Realty
189 W 231
Bronx NY 10463
718-549-4445 |
Gary L. Moore |
Robert E. Hill R/E
279 W. 231st St.
Bronx NY 10463
718-884-2200 |
Marion Tynan |
Landscape Properties
5905 Post Rd.
Bronx NY 10471
718-543-7048 |
Andrew Williams |
Williams Funeral Home
5628 Broadway
Bronx NY 10463
718-548-1100 |
Class B |
Commercial Tenants |
| |
|
Maria Khury-Anton |
Khury Tours & Travel
208 W. 233rd St.
Bronx NY 10463
718-543-5500 |
Dr. Donald Spector |
Cambridge Podiatry Center
259 W. 231st St.
Bronx NY 10463
718-548-3080 |
Stuart Kerner |
Esposito & Kerner
269W 231st St.
Bronx NY 10463
718-796-6454 |
Class C |
Resident Representative |
| |
|
Margaret Donato |
3424 Kingsbridge Ave.
Bronx NY 10463
718-432-2677 |
| |
|
Class D |
Government Officials |
| |
|
Office of the Mayor |
Commissioner, DBS
Robert W. Walsh |
Office of the Comptroller |
William Thompson, Jr. |
Office of the Borough President |
Adolfo Carrion, Jr. |
City Council Member |
G. Oliver Koppell |
| |
|
Class E |
Non-Voting Members |
| |
|
KRVC Development Corp. |
Janet Golovner |
Community Board # 8 |
Julie Reyes |
|
Section VII CONTRACTS |
| Name of Contractor |
Description |
Total |
Term |
Address & Phone |
of Service |
Amount |
Dates |
|
|
|
|
| |
|
|
|
Atlantic Maintenance |
Street Sanitation |
$ 84,000 |
06/01/06-06/30/09 |
154 Conover St. |
|
|
|
Brooklyn, NY 11231 |
|
|
|
718-222-4549 |
|
|
|
| |
|
|
|
| Doe Fund |
Graffiti Removal |
$1,800 |
06/01/06-06/30/09 |
232 East 84th St. |
|
|
|
New York NY 10028 |
|
|
|
212-628-5207 |
|
|
|
| |
|
|
|
Illuminations by Arnold |
Holiday Lights |
$25,504 |
2006-2009 |
312 Scholes St. |
|
|
|
Brooklyn NY 11206 |
|
|
|
718-599-5760 |
|
|
|
|
--- END OF ANNUAL REPORT 2006 --
|
| |
| |
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