Pedestrian Plazas, Bike Lanes a Boon for Business: Study

On Pearl Street in the Financial District, sales during peak seasons increased 14 percent in stores along a mini plaza

A new study shows that New York City's pedestrian plazas and protected bike lanes are a boon for business.     

The Department of Transportation study shows that retail sales jumped 172 percent three years after the very first pedestrian plaza opened in Brooklyn's Dumbo section.     

On Pearl Street in the Financial District, sales during peak seasons increased 14 percent in stores along a mini plaza.     

The DOT said three years after the project was completed, shops along the route of the protected bike lane on Ninth Avenue between 23rd and 31st streets saw a 49 percent increase in retail sales.

Copyright AP - Associated Press
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