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Not Verified Project

Funding

Funding Needed
$685 (Mio)
EB5 Funding
$180 (Mio)
Amount Subscribed
$180 (Mio)
EB-5 Investors
360
Investment Amount
$500,000

Jobs

Job Creation per Investor
13.6
Job Creation (Total)
4896
Category
Construction
Sub-Category
New Multifamily Housing Construction (except For-Sale Builders)

Location

State
New York
Location
601 West 57th Street New York, NY 10019

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Tetrahedron, West 57th


Developer Name
The Durst Organization

Project Description

Designed by Bjarke Ingels Group (BIG) developed by the Durst Organization, and funded in part by U.S. Immigration Fund, West 57th is a truly remarkable residential development located in Manhattan. West 57th features a 41-story mixed-use tower with 711 luxury apartments. The development also features 44,857 square feet of retail space, 78,428 square feet of lobby space and amenities and 285 below-grade parking spaces. This project is a $685 Million capital investment, which will be comprised of 26% EB-5 funding and has the utmost security for return of investment and permanent job creation. The West 57th EB-5 opportunity is by far the most exciting and structurally secure EB-5 project (available for foreign investment) to ever be offered in the market. 

 

Project Status

Fully Subscribed

Construction Completed

I-526 Petitions Approved

I-829 Petitions Submitted


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