special improvement district

Isaac Kremer/ September 27, 2022/ / 0 comments

A funding source usually from an assessment on commercial property within a geographically-defined downtown improvement district. Authorized by state law and created locally by ordinance of municipal government. Supplements municipal services. Also known as SID or SIDs.

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About Isaac Kremer

Isaac D. Kremer, MSARP, is a nationally recognized expert in the revitalization of commercial districts. Professionally he is the Executive Director of Experience Princeton, a business improvement district in Princeton, New Jersey. Kremer is a sought after speaker having been invited to speak at over 30 conferences. The prior two downtowns he managed were named Great American Main Street Award (GAMSA) Semifinalists, and Metuchen, New Jersey where he and his family live was named a GAMSA winner in 2023 by Main Street America.

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