New York’s classical music community gets a new, state-of-the-art rehearsal and recording space.
THE PROJECT:
Established in 1974, The Orchestra of St. Luke’s (OSL) has a long tradition of supporting classical music education, performance, and artistry in New York City. The DiMenna Center for Classical Music will now provide a creative home for OSL as well as many other New York music organizations.
The center occupies half of a six-story building on Manhattan’s west side and includes a chamber orchestra rehearsal hall, rehearsal rooms, an education center, recording room, music library, cafe, and lounge.
The rehearsal center is serving NYC’s freelance musical community, local orchestras, choruses, visiting orchestras and chamber music groups. A great benefit of the project will be its ability to act as an arts education center serving thousands of NYC schoolchildren.
The building is targeting a LEED Gold certification for sustainable building practices and is fully accessible to the public. In addition to providing the local Clinton/Hell’s Kitchen communities with exposure to classical music through open rehearsals and free concerts, the center is also available for selected community organizations when not in use.
FINANCING:
- Total Project Cost: $37.0 million
- NCF Deployed Allocation: $9.8 million
- Total NMTC Allocation: $27.8 million
PROJECT PARTNERS:
- United Fund Advisors (National Community Fund I, LLC)
- St. Luke’s Chamber Ensemble, Inc.
- GS Group NMTC Investor, LLC
- Solomon Hess SBA Loan Fund, LLC
- New York City Economic Development Corporation
