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Revamped Streets Adding To Business Boom, DOT Study Finds

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TWC News: Revamped Streets Adding To Business Boom, DOT Study Finds
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Business apparently is booming in parts of the city that have been revamped with pedestrian plazas, protected bike lanes and Select Bus Service.

A study by the city Department of Transportation found better retail sales and higher commercial occupancy rates in ares with those features.

The report says sales on Pearl Street in Brooklyn shot up 172 percent after a pedestrian plaza was installed.

The rest of Brooklyn saw just an 18 percent increase.

Along parts of Eighth and Ninth Avenues in Manhattan, sales went up as much as 49 percent in the three years since a bike lane was created.

That's compared with a three percent increase for the entire borough.

And sales are up 71 percent on Fordham Road in the Bronx since the MTA launched a Select Bus Service route.

Sales across the Bronx were up just 23 percent.

Transportation officials used sales tax data from the city Finance Department for their study.

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