NYC-Green Economy Advisory Council Awards Financial Services Contract to Mhany Peninsula Local Development Corporation (August 2026)
NYC-Green Economy Advisory CouncilCity · New York, NY- Disclosed value
- Up to $6,000,000, including up to $3,002,000 in new funding and the existing loan of up to $2,998,241
- From minutes
- Approved
- Aug 4, 2026
- Renews
- Free account
The 30-second brief
NYCEDC approved up to $6 million in project financing for MHANY Peninsula Local Development Corporation. The 30-year loan will refinance Building 1A debt and support a grocery store at the Peninsula Project, with possible extension if the grocery lease is extended.
Mhany Peninsula Local Development Corporation holds this financial services contract with NYC-Green Economy Advisory Council. Its other public contracts on record include work for NYC-Economic Development Corporation Life Sciences 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 $3,002,000 in new funding and the existing loan of up to $2,998,241
- 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 Minutes Executive Committee Meeting August 4, 2026 (Minutes)
Mhany Peninsula Local Development Corporation's other public contracts
More NYC-Green Economy Advisory Council contracts
Questions about this contract
Who was awarded the financial services contract by NYC-Green Economy Advisory Council?
Mhany Peninsula Local Development Corporation was awarded this financial services contract by NYC-Green Economy Advisory Council, as recorded on August 4, 2026. The contract value is Up to $6,000,000, including up to $3,002,000 in new funding and the existing loan of up to $2,998,241.
How much is the Mhany Peninsula Local Development Corporation contract with NYC-Green Economy Advisory Council worth?
The Mhany Peninsula Local Development Corporation contract with NYC-Green Economy Advisory Council is valued at Up to $6,000,000, including up to $3,002,000 in new funding and the existing loan of up to $2,998,241, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New York City Economic Development Corporation Minutes Executive Committee Meeting August 4, 2026 (Minutes), dated August 4, 2026 from NYC-Green Economy 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-Green Economy Advisory Council currently buying?
Explore NYC-Green Economy Advisory Council's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.