FINANCIAL_SERVICESAPPROVED

NYC-Convention Center Development Corporation Awards Financial Services Contract to Hearts Center Llc (July 2026)

Empire State New Market Corporation authorized an NMTC sub-allocation of up to $12 million to HEArts Center, LLC. The funding will rehabilitate the vacant historic Lincoln Recovery Center into a multi-service community hub serving South Bronx residents.

Document date · July 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $12,000,000
Contract type
FINANCIAL_SERVICES
Contract term
7-year NMTC structure (implied)
Renewal
Sub-allocation utilizes ESNMC’s calendar year 2023 NMTC authority with ability to swap to 2024-2025 allocation; governed by standard NMTC seven-year compliance period.
Document type
AgendaPacket
Source document
Empire State New Market Corporation AgendaPacket Meeting of the Directors 2026-07-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by NYC-Convention Center Development Corporation?

Hearts Center Llc was awarded this financial services contract by NYC-Convention Center Development Corporation, as recorded on July 15, 2026. The contract value is Up to $12,000,000.

How much is the Hearts Center Llc contract with NYC-Convention Center Development Corporation worth?

The Hearts Center Llc contract with NYC-Convention Center Development Corporation is valued at Up to $12,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Empire State New Market Corporation AgendaPacket Meeting of the Directors 2026-07-15 (AgendaPacket), dated July 15, 2026 from NYC-Convention Center Development Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hearts Center Llc hold?

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

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What is NYC-Convention Center Development Corporation currently buying?

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