The Real Deal‘s coverage of the 121 West 125th Street development include additional renderings. The 17-story mixed-use building will include the new headquarters of the National Urban League and 170 units of affordable housing.
The National Urban League will move its headquarters to 121 West 125th Street in Harlem, as part of a 17-story mixed-use development that will include 170 affordable housing units, office space for the United Negro College Fund and One Hundred Black Men of New York, and the Urban Civil Rights Museum Experience, New York City’s first civil rights museum.
Goldman Sachs will contribute $188 million of the project’s $242 million total cost. Other components of the financing package include tax-exempt bonds issued by the state Housing Finance Agency, subordinate financing from New York State Homes and Community Renewal, and tax credits purchased by Goldman and Santander Bank.