SoBRO Spearheads Parking Meter Installation on Third Avenue, Helping Bronx Merchants

July 7, 2010

PRESS RELEASE
FOR IMMEDIATE RELEASE

July 7, 2010: SoBRO is pleased to announce that it has successfully coordinated the future installation of parking meters in the Tremont and Bathgate sections of the Bronx with the support of local merchants of the Tremont and Bathgate Industrial Business Zones (IBZ) and the New York City Department of Transportation. The parking meters, which will be installed in the Fall of 2010, will help local businesses by freeing up parking space for customers who want to shop at the local stores.

Merchants on Third Avenue between East 176th Street and East 178th Street currently lack available parking for their customers. As a result, business has suffered because customers are forced to bypass the area.

With the support of local representatives, SoBRO brought a request for parking meters to the Department of Transportation, which conducted a land use survey and determined that the meters are justified. Single space parking meters will soon be installed on the following blocks:

•Third Avenue, East Side, between E. 175th Street and East Tremont Avenue
•Third Avenue, West Side, between E. 175th Street and East 176th Street
•Third Avenue, West Side, between E. 176th Street and East Tremont Avenue
•Third Avenue, East Side, between East Tremont Avenue and E. 178th Street
•Third Avenue, West Side, between East Tremont Avenue and E. 178th Street

SoBRO’s effort to aid local businesses on Third Avenue is just one example of many development activities undertaken by its Industrial Business Zone program (IBZ). SoBRO’s IBZ center provides access to financing, real estate search assistance, business planning, tax incentive services, and a myriad of other programs designed to help Bronx businesses thrive. SoBRO is delighted to be able to support local business owners on Third Avenue, who look forward to the increased business that the parking meters will bring.

For more information about SoBRO, visit www.sobro.org or call our main line listed below. For more information about SoBRO’s Industrial Business Zone program, contact Jamila Diaz, SoBRO’s IBZ Coordinator, at 718-732-7561 or jdiaz@sobro.org.