$900 a year to start
Per 1000sq ft of property!!
Per Property Owned!
The TRUE COSTS:
The BID starting budget
$560,000 per year
$240,000 a year for administration
50% of the money is for management!
When have any of us made $560,000 a year profit?
Another Tax on our businesses
A BID is a voracious monster
consuming our money with no benefits.
The monster ALWAYS needs to be fed!
The Monster can never be Stopped!
The budget is NEVER CAPPED
The budget ALWAYS Increases
NY Chinatown BID Needs a
Massive Increase in Money!
Say NO to the 3rd ave BID!
Business Owners & Tenants
A BID will INCREASE your Rent!
- Your rent WILL INCREASE to pay for the BID
- BIDS are enforced by the TAX DEPARTMENT
- You MUST pay or be FINED!
- All Businesses and RESIDENTS in the BID are FORCED to pay!
- A BID is not only for businesses – you – personally will be effected!
- Residential Tenants are not immune to a BID’s appetite!