Madison Square Boys & Girls Club

New York,
NY
(2017)

Madison Square Boys & Girls Club

Boys and Girls Clubs, Community, Daycare and Early Childhood, Recreation, Youth and Families

A new, $48 million, 50,000-sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country.

Investment

NMTC Amount: $27,460,000
Total Project Cost: $44,811,947

IMPACT

40 FTE jobs
142 construction jobs
50,000 sq. ft. of real estate

CDEs

Nonprofit Finance Fund, NYC Neighborhood Capital Corporation, PNC, TruFund

Investor

PNC

Project Description

A new, $48 million, 50,000 sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country. The project includes a 9,700 sq. ft. gym, commercial kitchen, cafeteria, performing arts studio, and rooftop play area with an enclosed soccer field. The community center fulfills a key Manhattan Community Board 10 needs assessment request and serves as a community anchor for local youth.

Key Impacts:

Estimated 142 construction jobs and 40 FTE permanent jobs
Community space, recreation facilities and academic support for 450 youth daily and 1,500 youth annually