New York launches data hub for Business Improvement Districts

“Every business, regardless of size or resources, deserves access to data that can pave their way to success,” said Mark Masongsong, CEO of UrbanLogiq. “UrbanLogiq was born out of a vision to level the playing field: turning data into actionable strategies that empower users to navigate challenges and seize opportunities.

“We’re not just offering technology; we’re bridging the gap between data insights and actionable outcomes.”

Through the New York Places Data Hub, Business Improvement Districts can now:

• Drive economic growth: tap into real-time insights on storefronts, vacancies and general occupants of BIDs to map key stakeholders and provide better, more tailored services based on the unique makeup of each neighbourhood
• Improve safety and quality of life: monitor NYC 311 issues to manage issue reports and crime statistics to help craft and inform effective strategies that reinforce safety, a sense of belonging and security within communities
• Job resilience: with a better understanding of events and consumer visitation patterns, Business Improvement Districts can develop proactive strategies that directly support businesses, job growth and retention.

“The Hub empowers BIDs by providing a deep understanding of their commercial districts,” said Simon Sylvester-Chaudhuri, Civ:Lab executive director. “By delivering insights on economics, climate, and mobility, the platform facilitates data visualisation that underscores local successes and challenges. This aids in identifying trends and propelling strategic changes to enhance services and adaptability.”

Starling Childs, CEO of Ginkgo, added: “Small businesses have always been the cornerstone of New York City’s vibrant economy. At Ginkgo, we recognise the importance of equipping these organisations with advanced tools and insights to thrive in a rapidly changing environment.

“This data hub is a commitment to enhancing the pulse of all New York’s neighbourhoods. We’re proud to be part of this consortium that aims to elevate the way business districts access, manage and act upon data.”