202 Centre Street, New York, NY

New York, N.Y. —Exact Capital, the Lam Group and Danforth Development hosted the highly anticipated groundbreaking for the rehabilitation and redevelopment of the historic Victoria Theater at 233 West 125th Street in Harlem. The $178 million project, which includes funding from the Empire State Development Corporation and the Upper Manhattan Empowerment Zone, is underway and on schedule for completion by Spring 2019. It is expected that the construction and operation of the project will generate and establish a total of 1,635 job. The project is striving towards Minority and Women-Owned Business participation goals and is committed to recruiting local residents.