Funding

Funding Needed
$157 (Mio)
EB5 Funding
$88 (Mio)
Amount Subscribed
$88 (Mio)
EB-5 Investors
176
Investment Amount
$500,000

Jobs

Category
Construction
Sub-Category
New Multifamily Housing Construction (except For-Sale Builders)

Location

State
New York
Location
1355 First Avenue New York, NY 10021

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The Charles


Developer Name
Bluerock Real Estate, LLC

Project Description

The Charles is located at 1355 First Avenue, New York, NY. Designed by David Collins Studio, the property offers modern architecture and stunning views of Manhattan. The high rise tower boasts luxury condominiums and ground-floor retail. The Charles was a record setter amongst its peers – the penthouse contract for $37.94 million remains the highest price paid for a condominium east of Third Avenue on the Upper East Side.

 

Project Status

Fully Subscribed

Construction Completed

I-526 Petitions Approved

Developer Loan Repaid

 

 

News & Updates 3

U.S. Immigration Fund Announces I-829 Approvals for The Charles EB-5 Project in New York City
July 09, 2018
Reining in regional centers
April 01, 2016
EB-5 and Real Estate Development
June 16, 2015

Regional Center

U.S. Immigration Fund - NY
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