The Korea International Trade Association plans a $200 million redevelopment of the Hahn Kook Center at 460 Park Avenue in Manhattan’s Billionaires’ Row. The 283,000-square-foot building, also home to the Korean Consulate, seeks M-CORE program tax incentives for modernization. These benefits include breaks on taxes and PILOT agreements to fund renovations and job retention. The project aims to attract premium tenants with upgraded, amenitized space, leveraging the site’s zoning for potential Central Park views. Originally developed by Marion Davies and completed in 1955, the building has a storied history and architectural significance.
The Korea International Trade Association
