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

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    NEWSLETTERS

    A rendering of the Times Square redesign.

    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.     

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    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.

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