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The landmarked Flatiron Building in Manhattan has sold at auction to a surprise bidder from Virginia after its owners reached an impasse over a dispute

Flatiron/23rd Street BID Set to Expand

The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd Street Partnership Business Improvement District (BID) as of Jan. 1, 2022. The expansion will nearly double the size of the BID.

“For 15 years, the Flatiron/23rd Street Partnership has helped cement the reputation of Flatiron and NoMad as two of New York City’s most vital and exiting neighborhoods, and now we look forward to having the same impact in an expanded footprint,” said James Mettham, executive director of the partnership. “Our new stakeholders can look forward to cleaner streets, more inviting public spaces, and more support for small businesses. 

Areas joining the BID include 1,384 properties, 344 of which are commercial; more than 20 existing or under-construction hotels; a diverse array of retail and dining; cultural destinations and historic sites; a growing residential community; and the Sixth Avenue mixed-use corridor.

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Flatiron/23rd Street Partnership

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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