To date, 100% of NYCRC project offerings have been approved by USCIS. NYCRC investor approval statistics are as follows:
- 2,328 EB-5 investors have received I-526 approvals
- 5,058 EB-5 investors and family members have been granted conditional residency status
- 816 EB-5 investors have received I-829 approvals
- 2,406 EB-5 investors and family members have been granted permanent residency status
Examples of projects utilizing loans provided by NYCRC-managed funds include the following:
- the redevelopment of the Brooklyn Navy Yard, New York City’s largest industrial park
- the expansion of Steiner Studios, the city’s largest film and television production facility
- the redevelopment of the George Washington Bridge Bus Station
- the construction of a wireless infrastructure network in select underground New York City subway stations
- the expansion of the Hutchinson Metro Center in the Bronx
- the rehabilitation of two New York City historic landmark buildings along Lower Manhattan’s waterfront
- the development of the City Point complex in Downtown Brooklyn
- key components of the Atlantic Yards redevelopment project
- the construction of a hotel and medical office complex in Washington Heights
- the construction of a food processing and distribution facility in the South Bronx
- the construction of a mixed-use development in Manhattan's Lower East Side
- the redevelopment of a cargo facility at JFK International Airport
For more information on previous NYCRC-funded projects, please click here.
While helping to spur economic development and job creation over the past 8 years, the NYCRC has worked diligently to conduct itself in a manner that respects both Congressional objectives for the EB-5 program as well as the interests of USCIS and the Department of Homeland Security.
Over 2,600 individuals from over 20 different countries have invested in NYCRC project offerings to date. These countries include Brazil, Canada, China, Egypt, Germany, Great Britain, India, Indonesia, Italy, Japan, Macau, Mexico, Nepal, Netherlands, Nigeria, Russia, S. Korea, Taiwan, Turkey, and Venezuela.