the development of City Point in Downtown Brooklyn.the rehabilitation of two New York City historic landmark buildings along Lower Manhattan’s waterfront – the Battery Maritime Building and Pier A.the redevelopment of the George Washington Bridge Bus Station.the expansion of Steiner Studios, the city’s largest film and television production facility.the redevelopment of the Brooklyn Navy Yard, New York City’s leading industrial park.Since its designation by USCIS, the NYCRC has worked closely with economic development agencies and governmental entities, as well as private developers designated by such government entities, to provide loans for real estate projects in New York City that create jobs in areas of high unemployment.Įxamples of projects utilizing loans provided by NYCRC-managed funds include the following: The program’s mandate is to use foreign investment to spur job creation while simultaneously affording eligible foreign investors the opportunity to become lawful permanent residents of the United States. Congress created the EB-5 program to stimulate economic development through foreign investment. The NYCRC was approved by the United States Citizenship and Immigration Services (USCIS), a division of the United States Department of Homeland Security, to raise capital via the EB-5 program. The NYCRC was Established in 2008, the New York City Regional Center (NYCRC) provides financing for job-creating real estate projects in New York City.The NYCRC has raised over $1.2 billion of capital to help fund a series of critical public/private developments in Brooklyn, Queens, Manhattan and the Bronx. New $500K Direct EB-5 Project: The Slanted Door Napa by E.Participants from 15 countries to converge in Dubai for I.Immigration, Wealth & Tax Planning Expo United States.2023 EB-5 & Global Immigration Expo United States January.
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