New Settlement Community Center

New York,
NY
(2013)

New Settlement Community Center

Behavioral Health, Community, Schools

Renovation of a former high school facility into a 24,000 sq. ft. state-of-the-art community center/K-12 school

Investment

NMTC Amount: $12,352,500
Total Project Cost: $28,869,631

IMPACT

32 FTE jobs
123 construction jobs
3,000-5,000 Persons Served Annually at Community Center, and 1,087 Students Served at School

CDEs

Local Initiatives Support Corporation

Investor

Goldman Sachs

Project Description

The project consists of the development of a 24,000-square-foot state-of-the-art community center
within the same building as a new K-12 public school in the south Bronx. The community center includes a five-lane swimming pool, dance studios, a green roof learning terrace, multiple classrooms, and a cooking classroom and kitchen.

The community center provides various programs geared primarily toward children and teens but also toward adults and seniors. The school serves about 1,087 students annually at full operation, and the community center serves between 3,000 and 5,000 people per year.

MAP

Address: 74 West 124th Street, New York, NY 10027

Census Tract: 36061020000

PDF Profile

Other New York Projects

Sendero Verde

New York,
NY
(2019)

Affordable Housing, Mixed-use, Schools

CDE(s): Chase

The $18 million NMTC financing support from JPMorgan Chase is helping redevelop vacant city-owned land in East Harlem into a mixed-use development that will include 700 units of affordable housing

Innovation Center Buffalo

Buffalo,
NY
(2009)

Business Development, Community, Incubator

CDE(s): Key Bank

The Innovation Center and dig are owned and operated by the Buffalo Niagara Medical Campus, Inc.

Chobani

New Berlin,
NY
(2011)

Food Manufacturing, Manufacturing

CDE(s): Bank of America, CDF Development (Cordish), Dudley Ventures, Ecotrust, Empire State Development Corporation, Solomon Hess SBA Loan Fund

The renovation and equipping of a 70,000 sq. ft. facility in New Berlin, a highly distressed rural part of upstate New York.

Bronx Early Learning Volunteers of America

Bronx,
NY
(2006)

Adult Education, College or Vocational Training, Community, Daycare and Early Childhood, Youth and Families

CDE(s): Enterprise Community Partners

The Bathgate Early Learning Center involved the rehabilitation of a 30,000 sq. ft. office building at 1887-1895 Bathgate Avenue in the borough of The Bronx in New York City.