Support Of Other Organizations
The Sunset Park BID continues to work together with other organizations to enhance the quality of life for the Sunset Park community. We support the efforts of other organizations in different and varied ways. Sometimes it is through letters of support, like for Center for Family Life, Brooklyn Economic Development Corporation, Brooklyn Business Development Center at NYC Technical College, and Lutheran Medical Center. Other times, we put ads in dinner journals, (ie: for Opportunities for a Better Tomorrow, Young Dancers in Repertory, NYU Langone Hospital — Brooklyn (Lutheran Medical Center) , Center for Family Life, Sunset Park Lion’s Club, Engine 201 Memorial Fund and Southwest Brooklyn Industrial Development Center). Each year we support the Sunset Park Lion’s Club Education Awards night.
The BID also allows other groups and agencies to use space within our office. Sometimes it is to hold meetings such as staff meetings by the CFL Afterschool Program at PS 94. Othertimes it is in order to enable better outreach to our members, such as for the Small Business Development Center.
Banking Development District
This year saw Amalgamated Bank open on 5th Avenue at 45th Street. In order to bring more support and services to our community, New York State allowed the bank to create a Banking Development District. This meant that the State and City governments each deposited money in accounts at lower interest. There was a special ribbon cutting and check depositing ceremony in September because the deposits in the Sunset Park Branch helped the city reach the $2 million milestone of donations in districts similar to ours. Amalgamated Bank is working closely with the community, offering special rates for accounts and loans and supporting events. The Bank immediately took part in our Street Festival and donated $1,000 towards it. The Sunset Park BID has moved most of its finances to Amalgamated Bank.