New York City Regional Center

NEW YORK CITY REGIONAL CENTER ANNOUNCES I-829 PETITION APPROVALS IN ITS WI-FI INFRASTRUCTURE PROJECT II

Retrieved on: 
Wednesday, November 1, 2023
New York City Regional Center, LinkNYC, Work, Wi-Fi, Project, United, Advertising, City, Transit Wireless, Partnership, Telecommunications, Link, EB-5, Life insurance, Mobile phone

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- The New York City Regional Center ("NYCRC") is pleased to announce the first I-829 petition approvals issued to EB-5 investors participating in its Wi-Fi Infrastructure Project II offering ("Project").

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- The New York City Regional Center ("NYCRC") is pleased to announce the first I-829 petition approvals issued to EB-5 investors participating in its Wi-Fi Infrastructure Project II offering ("Project").
  • An I-829 petition approval removes the conditional status and deems the EB-5 investor to be a lawful permanent resident of the United States.
  • The Project involves the construction of a street-level, high-speed public Wi-Fi infrastructure network for New York City.
  • I-829 petition approvals were issued to EB-5 investors participating in that offering as well and the loan was repaid in September 2022.

Metropolitan Commercial Bank Elevates Two Seasoned EB-5 Specialists to Co-Head the EB-5 Private Client Group

Retrieved on: 
Thursday, October 26, 2023
Finance, Banking, Professional Services, Small Business, Fintech, Signature Bank, University of Connecticut School of Business, Buffalo buffalo Buffalo buffalo buffalo buffalo Buffalo buffalo, Monmouth University, Certification, HSBC, UK Immigration Service, Communication, Buffalo, Senior, Commercial bank, State university system, New York City Regional Center, Connecticut School of Broadcasting, EB-5, Government, Bachelor of Arts, Management

Metropolitan Commercial Bank (the “Bank”) has announced the promotions of April Feely and James M. Sozomenou as Co-Heads of Metropolitan Commercial Bank’s EB-5 Private Client Group.

Key Points: 
  • Metropolitan Commercial Bank (the “Bank”) has announced the promotions of April Feely and James M. Sozomenou as Co-Heads of Metropolitan Commercial Bank’s EB-5 Private Client Group.
  • “Both of these individuals have unquestionably earned their promotions.”
    In April 2023, April Feely embarked on a new chapter in her career by joining Metropolitan Commercial Bank.
  • James and I look forward to continuing what we’ve built and expanding our relationships,” said April Feely, Senior Vice President and Group Director of EB-5 Private Client Group Operations at Metropolitan Commercial Bank.
  • We are excited for the future here at MCB.”
    In April 2023, James M. Sozomenou also became a part of the Metropolitan Commercial Bank EB-5 team.

Group 78 EB-5 Investor Receives I-526E Approval

Retrieved on: 
Wednesday, October 25, 2023
EB-5 Reform and Integrity Act, Amazon (company), RIA, History, Hillwood, News, Foot, Growth, USCIS, Partnership, Unemployment, New York City Regional Center, Waterman, EB-5, CMB, Veteran, Financial adviser

DALLAS, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Great news, an investor in CMB Infrastructure Investment Group 78, LP (Group 78) has just received their first I-526E approval!

Key Points: 
  • DALLAS, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Great news, an investor in CMB Infrastructure Investment Group 78, LP (Group 78) has just received their first I-526E approval!
  • The Group 78 partnership qualifies as a high unemployment project that receives a 10% visa set-aside allocation of the 10,000 visas granted under the EB-5 program each year.
  • Group 78 was the first of three CMB EB-5 partnership to receive an I-956F approval under the new program.
  • This is great news for all investors in the Group 78 project and a huge milestone for CMB.

NEW YORK CITY REGIONAL CENTER ANNOUNCES I-829 PETITION APPROVALS IN ITS STEINER BROOKLYN NAVY YARD REDEVELOPMENT PROJECT III

Retrieved on: 
Tuesday, September 26, 2023
School Construction Systems Development project, Brooklyn Navy Yard, Wegmans, Navy Yard, EB-5, Admiral's Row, Brooklyn, Work, Shipyard, Project, New York City Regional Center, Life insurance

NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The New York City Regional Center ("NYCRC") is pleased to announce the first I-829 petition approvals issued to EB-5 investors participating in its Steiner Brooklyn Navy Yard Redevelopment Project III offering ("Project").

Key Points: 
  • NEW YORK, Sept. 26, 2023 /PRNewswire/ -- The New York City Regional Center ("NYCRC") is pleased to announce the first I-829 petition approvals issued to EB-5 investors participating in its Steiner Brooklyn Navy Yard Redevelopment Project III offering ("Project").
  • The Project included the next phase of redevelopment at the Brooklyn Navy Yard, New York City's largest industrial park.
  • The redevelopment helped transform this section of the Navy Yard into a new commercial and industrial center that is critical to both the Navy Yard and those communities adjacent to the industrial park.
  • The Project included construction of the first Wegmans supermarket in New York City as well as light industrial space leased to the Brooklyn Navy Yard Development Corporation.

CMB Regional Centers Group 82 Receives I-956F Approval

Retrieved on: 
Friday, August 11, 2023
Partnership, CMB, EB-5 Reform and Integrity Act, RIA, New York City Regional Center, Hope, Samsung, EB-5, News

DALLAS, Aug. 11, 2023 (GLOBE NEWSWIRE) -- This week, we learned that CMB Infrastructure Investment Group 82 received an I-956F approval!

Key Points: 
  • DALLAS, Aug. 11, 2023 (GLOBE NEWSWIRE) -- This week, we learned that CMB Infrastructure Investment Group 82 received an I-956F approval!
  • The first, CMB Group 78, was approved last month.
  • Under the RIA, Regional Centers are required to file an I-956F petition for every investment offering prior to individual investors filing their I-526E petitions.
  • CMB Group 82 provided $18.4 Million to finance the development and construction of an industrial/logistics facility at the Hazleton Logistics Park located in Hazleton, PA.

CMB Receives I-956F Approval of High-Unemployment Area Project

Retrieved on: 
Friday, July 7, 2023
Targeted Employment Area, Partnership, File, CMB, EB-5 Reform and Integrity Act, United States Citizenship and Immigration Services, RIA, Reform, New York City Regional Center, Hope, USCIS, EB-5, Congress, TEA, News, Financial adviser, Dietary supplement

Importantly, this approval also shows an ongoing commitment by USCIS to complete the timely adjudication of high-unemployment area projects.

Key Points: 
  • Importantly, this approval also shows an ongoing commitment by USCIS to complete the timely adjudication of high-unemployment area projects.
  • CMB Group 78’s I-956F approval also marks another milestone in CMB’s long-term relationship with Hillwood Development Company.
  • In the past month, we’ve been notified of the first I-829 approvals in CMB Group 46, CMB Group 51, and CMB Group 57.
  • CMB has now achieved these approvals in 44 separate EB-5 partnerships and we maintain a 100% project approval rate with the USCIS.

EB5 Capital General Counsel Elected to Board of Directors for EB-5 Trade Association Invest in the USA

Retrieved on: 
Wednesday, May 24, 2023
EB-5 Reform and Integrity Act, New York City Regional Center, EB-5, Congress, Investment, Capital, Renewable energy

WASHINGTON, May 24, 2023 (GLOBE NEWSWIRE) -- EB5 Capital is delighted to announce the election of Lulu Gordon to the Board of Directors of Invest in the USA (IIUSA).

Key Points: 
  • WASHINGTON, May 24, 2023 (GLOBE NEWSWIRE) -- EB5 Capital is delighted to announce the election of Lulu Gordon to the Board of Directors of Invest in the USA (IIUSA).
  • IIUSA is the industry trade association for the EB-5 Regional Center Program, a US government program that encourages new investment in job-creating projects.
  • “I feel very honored to take on this role at such a transformative time for the EB-5 industry,” said Ms. Gordon.
  • In addition to IIUSA, Ms. Gordon is a member of the EB-5 Securities Roundtable, an independent group of securities attorneys in the EB-5 space.

NEW YORK CITY REGIONAL CENTER-MANAGED ENTITY PROVIDES FUNDING FOR CONSTRUCTION OF A FIFTH CHARTER SCHOOL

Retrieved on: 
Monday, April 17, 2023
Poverty, New Markets Tax Credit Program, U.S. Department of Defense Strategy for Operating in Cyberspace, Face, Foot, Computer science, New York City Department of Education, NMTC, Congress, Treasury, School, Student, Investment, Lunch, New York City Regional Center, Community development, Counselor, Cryptocurrency, Tutoring, Tourism

NEW YORK, April 17, 2023 /PRNewswire/ -- The New York City Regional Center is pleased to announce the closing of $15,000,000 in New Market Tax Credit financing to assist the construction of a new 45,979 square foot charter school in the Bronx.  This is the fifth charter school that has utilized New Market Tax Credit ("NMTC") funding from a New York City Regional Center-managed entity and the third in the Bronx.  The tenant of the new state-of-the-art facility will be Urban Assembly Charter School for Computer Science (d/b/a Comp Sci High), a not-for-profit corporation offering quality education to students in the Bronx.    

Key Points: 
  • This is the fifth charter school that has utilized New Market Tax Credit ("NMTC") funding from a New York City Regional Center-managed entity and the third in the Bronx.
  • To receive a NMTC allocation award, the New York City Regional Center was required to demonstrate a mission and track record of providing investment capital for low-income communities.
  • As mentioned above, this is the fifth charter school whose construction the New York City Regional Center-managed entity has help fund.
  • Since 2016, a New York City Regional Center-managed entity has received five separate NMTC awards from the U.S. Department of Treasury totaling $210 million.

Metropolitan Commercial Bank Enters the EB-5 / E-2 Banking Sector

Retrieved on: 
Tuesday, April 11, 2023
Banking, Professional Services, Finance, International Marxist Group, HSBC, Senior, Commercial bank, New York City Regional Center, Signature, EB-5, Government, Nigeria Immigration Service, Bank, Signature Bank, Internet service provider, Interior design

Metropolitan Commercial Bank (the “Bank”) today announced that it has formed the Metropolitan Commercial Bank EB-5 / E-2 International Group to deliver banking services and products for United States Citizen and Immigration Services EB-5 Immigrant Investor Program investors, developers, Regional Centers, government agencies, law firms and consulting companies that specialize in EB-5 and E-2.

Key Points: 
  • Metropolitan Commercial Bank (the “Bank”) today announced that it has formed the Metropolitan Commercial Bank EB-5 / E-2 International Group to deliver banking services and products for United States Citizen and Immigration Services EB-5 Immigrant Investor Program investors, developers, Regional Centers, government agencies, law firms and consulting companies that specialize in EB-5 and E-2.
  • At Metropolitan Commercial Bank, he will be the Senior Vice President and Group Director of the Private Client Group and EB-5 / E-2 International Program.
  • At Metropolitan Commercial Bank, he will be supported by the six-person team that has worked with him for many years.
  • “I am extremely pleased to have this very experienced EB-5 / E-2 team join Metropolitan Commercial Bank,” said Mark R. DeFazio, President and CEO of Metropolitan Commercial Bank.

E-Home Household Services Holdings Limited signs property cleaning contract with well-known property company and wins several electrical repair projects with a total amount of over RMB 21 million

Retrieved on: 
Tuesday, February 7, 2023
EJH, Professional, EHOME, Maintenance, RMB, New York City Regional Center, Attitude, Heart, Vanke

The Company also won several electrical repair and maintenance service projects for the Regional Centers for Disease Control and Prevention and Yili Engineering, with a combined amount of more than RMB 6 million.

Key Points: 
  • The Company also won several electrical repair and maintenance service projects for the Regional Centers for Disease Control and Prevention and Yili Engineering, with a combined amount of more than RMB 6 million.
  • The combined amount of the above two projects exceeded RMB 21 million.
  • Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: "e-home has a professional service team.
  • Through years of accumulation, the company has formed distinctive features and significant advantages in personnel, mechanical equipment, technology and management experience.