About the District
The Montague Street Business Improvement District covers a three-block commercial area in the heart of Brooklyn Heights. The district includes all properties on the north side of Montague Street between Court Street and Hicks Street; on the south side, the district runs from 200 Montague Street in the east to 78 Montague Street in the west.
The mission of the Montague Street BID is to improve all aspects of the district, from beautifying the public realm to supporting our local and national retailers. We're committed to making Montague Street a great place to work, live, and shop.
BID Funding
New York City BIDs are funded through a special assessment paid by every property owner in a district. As with real estate taxes, all or a portion of the assessment may be passed on to commercial tenants, per the terms of the lease.
In the Montague Street BID, individual assessment fees are based on each property's assessed value and street frontage. The BID's total annual assessment, from payments by over 80 properties, is set by law at $124,500. The median payment in the 2007 fiscal year was $1,024.
The BID uses assessment funds to pay for a variety of local programs and supplemental services.
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BID Leadership
The BID is managed by a 501(c)(3) not-for-profit organization, run by a board of directors. Montague Street property owners, commercial tenants, and residential tenants elect their respective representatives to the board at the BID's June annual meeting. All elected directors serve on a volunteer basis for two-year terms.
In addition, appointed representatives of public officials and community non-profits also serve on the board. Day-to-day operations are overseen by an executive director, appointed by the board of directors.
Class A Members:
Commercial Property Owners
Azad Ali*, Flushing Savings Bank, 186 Montague
Tony Bates, Bentley’s Shoes, 144 Montague
Matt DiGrigoli* (treasurer), HSBC, 200 Montague
Sheldon Erb*, Archstone, 180 Montague
Anthony Figeroux*, Sovereign Bank, 195 Montague
Martin Markman, Heights Cafe , 84 Montague
Michael Mastriano (vice president), Tango, 145 Montague
Stanley Maurer, 119 Montague
Seamus O’Toole*, Eamonn Doran, 174 Montague
William Ross*, 156 Montague
*owner's representative
Class B Members: Commercial Tenants
Randy Estrada, Commerce Bank, 205 Montague Street
Estela Johannesen, James Weir Floral, 160 Montague Street
Timothy King (president), Massey Knakal, 205 Montague
Class C Member: Residential Tenants
Don Evans, 118 Montague
Class D Members: Public Officials
Marty Markowitz, Brooklyn Borough President
William Thompson, Comptroller of the City of New York
Robert Walsh, NYC Dept. of Small Business Services (representing the Mayor of the City of New York)
David Yassky, New York City Council, 33rd District
Class E Members:
Not-for-Profit Representatives
Judy Stanton (co-secretary), Brooklyn Heights Association
Robert Perris (co-secretary), Brooklyn Community Board 2
Executive Director
Chelsea Mauldin
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Newsletter
Recent issues of our quarterly newsletter are available for download:
Q1 2008 (PDF)
Q4 2007 (PDF)
Media Coverage
Below are a sampling of stories about the Montague Street BID from the local press and blogs:
Solar Lights Illuminate Spring Evenings on Montague Street | Brooklyn Daily Eagle, Apr. 28, 2008
Montague Gets the Green Light | The Brooklyn Paper - Apr. 26, 2008
Kids’ artwork on display on Montague Street | Brooklyn Heights Courier - Dec. 21, 2007
Montague Street BID Sees A Busy Holiday Season | Brooklyn Daily Eagle - Dec. 5, 2007
'Tis the Season on Montague | Brooklyn Heights Blog- Dec. 5, 2007
New Head for Montague BID | Brooklyn Daily Eagle - Oct. 18, 2007
Montague Street BID Names Urban Planner as Executive Director | Brooklyn Daily Eagle - June 21, 2006
Contact Us
Property owners, merchants, and residents — as well as prospective commercial tenants — are encouraged to contact the BID with any questions or concerns.
Montague Street Business Improvement District
157 Montague Street, 2nd Floor
Brooklyn, NY 11201
tel. 718/522-3649
fax 718/522-3652
info@montagueBID.com
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