Editorial Review
Founded in the mid 1980s, the Grand Central Business Improvement District is one of the largest business improvement districts in the United States, comprising 76 million square feet of commercial space in a 70-block area whose irregular borders reach from 35th Street to 54th Street and from Second Avenue to Fifth Avenue.
A not-for-profit corporation, the Grand Central Partnership develops and administers programs and services in one of nearly 60 business improvement districts in New York City under contract with the New York City Department of Small Business Services. The Grand Central Partnership is funded principally through special assessments collected from commercial property owners located within its defined geographic area. Additional financial support is provided through corporate sponsorship of specific programs and special events and through in-kind services. Assessment proceeds and tax-exempt bonds have funded capital improvements.
Come discover the architecture and social history of the Grand Central neighborhood with urban explorer, historian, and storyteller Justin Ferate. This award-winning free 90-minute guided walking tour is sponsored by the Grand Central Partnership. The tour meets in the Sculpture Court of the Whitney Museum at Altria (42nd Street and Park Avenue) Fridays at 12:30 pm.
