Cultural Institution Historic Renovation and Expansion
The Schomburg Center renovation involved critical upgrades to this internationally acclaimed institution dedicated to research in Black culture. With $17 million in investment, the project provided new audio-visual systems and capital improvements, increasing visitor capacity by 25% and enhancing the overall patron experience.
Monge Capital played a key role in structuring NMTC financing to bring this cultural asset into the future.
Estimated Economic and Social Impact
Increase annual visits by 25%, or approximately 50,000 visitors.