NYCEDC Closes First M-CORE Deal at 850 Third Avenue, Kicking Off Transformation of Aging Office Building Into Modern, Amenity-Rich Space
July 11, 2025
July 11, 2025
NEW YORK, July 11 -- The New York City Economic Development Corp. issued the following news release:
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NYCEDC Closes First M-CORE Deal at 850 Third Avenue, Kicking Off Transformation of Aging Office Building Into Modern, Amenity-Rich Space
With M-CORE Incentives, HPS Investment Partners Will Invest $57 Million to Upgrade 850 Third Avenue, Leading to Increased Office Occupancy and Commercial Activity
850 Third Avenue is First of Three Approv . . .
* * *
NYCEDC Closes First M-CORE Deal at 850 Third Avenue, Kicking Off Transformation of Aging Office Building Into Modern, Amenity-Rich Space
With M-CORE Incentives, HPS Investment Partners Will Invest $57 Million to Upgrade 850 Third Avenue, Leading to Increased Office Occupancy and Commercial Activity
850 Third Avenue is First of Three Approv . . .