NYC-Economic Development Corporation Life Sciences Advisory Council Awards Financial Services Contract to Mhany Peninsula Local Development Corporation (August 2026)
NYC-Economic Development Corporation Life Sciences Advisory CouncilCity · New York, NY- Disclosed value
- Up to $6,000,000, including up to $2,998,241 Existing Loan and up to $3,002,000 New Funding
- From agendapacket
- Approved
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
NYCEDC approved a project loan of up to $6 million to MHANY Peninsula Local Development Corporation for refinancing debt on Building 1A of the Peninsula Project. The loan has an initial 30-year term and may extend to a maximum maturity of 50 years if the grocery lease is extended.
Mhany Peninsula Local Development Corporation holds this financial services contract with NYC-Economic Development Corporation Life Sciences Advisory Council. Its other public contracts on record include work for NYC-Green Economy Advisory Council and NYC-Economic Development Corporation.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $6,000,000, including up to $2,998,241 Existing Loan and up to $3,002,000 New Funding
- Document date
- August 4, 2026
- Term
- Initial term of 30 years; may be extended if the Grocery Lease is extended, to a final maturity of not more than 50 years
- Renews
- On record
- Source document
- New York City Economic Development Corporation AgendaPacket August 4, 2026 Executive Committee Meeting (AgendaPacket)
Mhany Peninsula Local Development Corporation's other public contracts
More NYC-Economic Development Corporation Life Sciences Advisory Council contracts
Questions about this contract
Who was awarded the financial services contract by NYC-Economic Development Corporation Life Sciences Advisory Council?
Mhany Peninsula Local Development Corporation was awarded this financial services contract by NYC-Economic Development Corporation Life Sciences Advisory Council, as recorded on August 4, 2026. The contract value is Up to $6,000,000, including up to $2,998,241 Existing Loan and up to $3,002,000 New Funding.
How much is the Mhany Peninsula Local Development Corporation contract with NYC-Economic Development Corporation Life Sciences Advisory Council worth?
The Mhany Peninsula Local Development Corporation contract with NYC-Economic Development Corporation Life Sciences Advisory Council is valued at Up to $6,000,000, including up to $2,998,241 Existing Loan and up to $3,002,000 New Funding, 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 New York City Economic Development Corporation AgendaPacket August 4, 2026 Executive Committee Meeting (AgendaPacket), dated August 4, 2026 from NYC-Economic Development Corporation Life Sciences Advisory Council. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mhany Peninsula Local Development Corporation hold?
Mhany Peninsula Local Development Corporation 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 Life Sciences Advisory Council currently buying?
Explore NYC-Economic Development Corporation Life Sciences Advisory Council's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.