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NYIF Jersey City Towers
NYIF Jersey Towers - Crown Tower 1 (808 Pavonia Ave.)
NIYF Jersey Towers - Phase 1 (808 pavonia Ave. - Tower 1)
NYIF Jersey City Towers - Tower 1
INFORMATION
Qualifies under URBAN TEA
Yes
 
Number of EB-5 Investors
125
Raise Amount
$100,000,000
Phase
1st Tower
Jobs Per Investor
17
 
Construction Completion Guaranty
Yes
Capital Stack
Loan:     $175M (50%)
EB5:     $100M (28%)
Equity:  $76M (22%)
Total:    $351M (100%)

Developers

KRE Group is best known for their towering Journal Squared / Jersey City project (213,677 m² / 1,840 rental residences). NYIF received 100% full repayment on the 235 Grand Project with KRE in 2023, despite the banking crisis and higher interest rates.

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NYIF Jersey Towers - Developments Aerial View

Silverstein Properties is renowned for owning and redeveloping the World Trade Center in Manhattan (325,161 m²/ 94 stories). One World Trade Center is the tallest building in the United States and the tallest building in the Western Hemisphere.

 

Other notable developments include the new Disney HQ near SOHO NY, the largest Four Seasons Resort in the world at Walt Disney World Orlando, and the Four Seasons Hotel and residences in Lower Manhattan which, at 82 stories, is one of the tallest residential towers in New York. EB-5 financing was utilized on the Four Seasons Downtown NY which has been successfully repaid.

The Regional Center and Project Owner are separate entities. At NYIF, we prioritize the benefits of our EB5 investors.

Path Train Map

Location

808 Pavonia Ave

Jersey City, NJ 07306

Press

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