New York City has officially established a new Business Improvement District (BID) in Coney Island, which is set to receive a funding boost of one million dollars aimed at enhancing urban services and supporting local businesses. This initiative, confirmed by Mayor Zohran Mamdani on February 15, 2026, marks a significant step to ensure the area is prepared for the summer season, which attracts millions of visitors.

The BID will be managed by the NYC Department of Small Business Services, which will oversee its operations and ensure the planned activities align with the district's objectives. The focus will be on reinforcing essential services and boosting support for local commercial enterprises, thereby improving the overall experience for both residents and tourists in the vibrant Coney Island area.

This move is seen as a proactive effort to not only safeguard existing businesses but also to create a more appealing environment for new ventures. As Coney Island gears up for the influx of summer visitors, these enhancements are anticipated to play a critical role in revitalizing the area and potentially increasing its economic contributions to the City of New York.