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NYIF Jersey City Towers
INFORMATION
Qualifies under URBAN TEA
Yes
Number of EB-5 Investors
125
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Raise Amount
$100,000,000
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Phase
1st Tower
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Jobs Per Investor
17
Construction Completion Guaranty
Yes
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Capital Stack
Loan: $175M (50%)
EB5: $100M (28%)
Equity: $78M (22%)
Total: $353M (100%)
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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.
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.
The Regional Center and Project Owner are separate entities. At NYIF, we prioritize the benefits of our EB5 investors.
Location
808 Pavonia Ave
Jersey City, NJ 07306
Press
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