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.
“National Urban League Nails Down $188M For Planned 125th Street HQ in Harlem”
by Hirschen Singer & Epstein LLP | Aug 6, 2020 | Client News