CONTRACTONGOING

GMDC OP LLC $5.7M commercial property loan

NYC-Economic Development Corporation logoNYC-Economic Development Corporation
Disclosed value
$5,656,301.00
From report
Document date
Jun 30, 2025
Term
November 17, 2017 – 35 years

The 30-second brief

What it covers

GMDC OP LLC awarded a $5,656,301 loan for commercial property development with a 35-year term starting November 17, 2017, expected to create 80 jobs.

Who holds it

Gmdc Op holds this loan contract with NYC-Economic Development Corporation. Its other public contracts on record include work for NYC Economic Development Corporation (NYCEDC).

What happens next

Term as filed: November 17, 2017 – 35 years.

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Contract details

Contract type
Loan
Amount
$5,656,301.00
Document date
June 30, 2025
Term
November 17, 2017 – 35 years
Vendor
Gmdc Op
Source document
annual_report_for_nyc_neighborhood_capital_corpora.pdf (Report)

Gmdc Op's other public contracts

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Questions about this contract

Who was awarded the loan contract by NYC-Economic Development Corporation?

Gmdc Op was awarded this loan contract by NYC-Economic Development Corporation, as recorded on June 30, 2025. The contract value is $5,656,301.00.

How much is the Gmdc Op contract with NYC-Economic Development Corporation worth?

The Gmdc Op contract with NYC-Economic Development Corporation is valued at $5,656,301.00, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a report record.

Where was this contract approved?

This contract appears in annual_report_for_nyc_neighborhood_capital_corpora.pdf (Report), dated June 30, 2025 from NYC-Economic Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Gmdc Op hold?

Gmdc Op may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is NYC-Economic Development Corporation currently buying?

Explore NYC-Economic Development Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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