Chinese EB-5 investors in major New York developments want their millions back

2018/06/13 1:16pm

Renderings of 701 Seventh Avenue and 702 TSX Broadway and One Wall Street

Frustrated by up to 15-year wait times, they are talking with attorneys about how to pull out of projects such as 701 Seventh Ave., 1568 Broadway and One Wall St.

When eager Chinese citizens invested in the Times Square Edition Hotel through the EB-5 visa program roughly four years ago, they expected to secure green cards within five years.

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