The Mosholu-Jerome-East Gun Hill Road Business Improvement District (BID), also known as the Jerome-Gun Hill BID is currently one of sixty-eight BID’s throughout New York City and one of nine BIDs in the Bronx. The BID is located in Norwood, and serves one of the most ethnically diverse populations in the city, and continues to be a vibrant retail commercial district. Its catchment area includes; Jerome Avenue between Mosholu Parkway and East Gun Hill Road and East Gun Hill Road between Jerome and Webster Avenues; with smaller portions of East 208th Street, Mosholu Parkway, Dekalb Avenue and property which fronts on Webster Avenue.
Since January 1997, the BID has been serving over 250 businesses that range in size from small retail shops to local and national food and retail chains and banks such as LaSorsa Auto Group, GameStop, Drug Rite, Keyfood Supermarket, Petland Discount, CVS Pharmacy, Chase Bank, Porta Bella Men’s Fashions, Pretty Girl Inc. Women’s Clothing, Payless Shoes, and GNC. The BID is managed by the Mosholu Preservation Corporation (MPC), a support corporation of Montefiore Medical Center.
These accomplishments would not have been made possible without the cooperation of our merchants, property owners, city agencies, and the constant guidance and support of the BID’s Board of Directors, the NYC Department of Small Business Services under the direction of Commissioner Maria Torres-Springer, the office of Mayor Bill de Blasio, the Mosholu Preservation Corporation, our staff, volunteers and supporters.
Throughout New York City, BIDs have become in many cases the determining factor of whether business districts survive. In addition, they are often the deciding factor of the viability and stability of many communities. BIDs have become an integral part of the city’s fabric and the City’s current administration has been a great supporter of the creation of BIDs and provide much appreciated support to existing BIDs. With 68 BIDs in operation and a steady number of merchants groups and property owners interested in forming them, BIDs have become increasingly popular and many times necessary in order to promote economic and commercial growth throughout the City.