Newark’s Ironbound BID Named “Downtown of the Month”

NEWARK, N.J., October 1, 2009 – The Ironbound Business Improvement District (IBID) in Newark was named “Downtown of the Month” by the International Downtown Association (IDA) for the month of September, 2009.

Founded in 1954, the IDA has more than 650 member organizations worldwide including North America, Europe, Asia and Africa.

IBID President Steven T. Yglesias noted the distinction and said, “The Ironbound neighborhood in Newark is accessible to the world and in the center of a transportation, entertainment, and cultural nexus. Our team has emphasized and built on these assets, and we appreciate that the IDA has recognized the Ironbound from among the many downtowns they represent around the world.”

“IDA is pleased to highlight the work of the Ironbound BID on our website. Each month we choose a downtown to bring to the attention of those who are interested in vibrant urban lifestyles. Ironbound is a great example of that,” said Kit Cramer, President of IDA.

The Ironbound BID was established in 2000 for the benefit of the business and property owners and residents in the historic Ironbound area of Newark’s East Ward. Recognized for its excellent Iberian and South American restaurants, coffee shops and bakeries, fish markets and produce stores, the Ironbound District also features a robust and dynamic business community that includes a wide range of retail shopping including clothing boutiques and jewelry stores, plus a wide range of professional and personal services.

A $15 million, more than a mile-long streetscape revitalization program along Ferry Street, the heart of the Ironbound District, began in 2008 through a partnership between the City of Newark, led by Mayor Cory Booker, East Ward Councilman Augusto Amador and the Newark Municipal Council, Newark’s Urban Enterprise Zone Authority (UEZ) and the IBID.

Seth A. Grossman, Ph.D., the IBID’s Executive Director, represented the organization at the recent IDA convention in Milwaukee, where the Ironbound BID was recognized for its achievement. “For Newark’s Ironbound BID to be selected from among the thousands of downtowns not only in the United States but around the world is a tremendous honor,” said Grossman. “While the Ironbound’s distinctive character and incredible restaurants have made it a longtime favorite for locals and visitors alike, without the leadership and commitment of the IBID’s volunteer board of directors and our municipal partners, we would not have been able to move the revitalization program forward, something that’s tremendously important to the Ironbound’s and Newark’s continued success now and in the future,” he concluded.

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