AscendAmerica is an EB-5 Regional Center focused on investment in large-scale commercial real estate development in New York, New Jersey, Pennsylvania & Connecticut. Our opportunities are tailored to foreign nationals seeking to obtain permanent residency in the United States.
The EB-5 Program Explained |
The EB-5 Program Explained |
AscendAmerica's Unique Approach to EB-5 |
AscendAmerica’s Unique Approach to EB-5 |
Risk Mitigation |
Risk Mitigation |
One Domino Square, located on the Williamsburg Waterfront in Brooklyn, New York, is a luxury residential project that includes ground floor retail space. The project is part of Two Trees Management Co.’s $2 billion redevelopment of the former Domino Refinery campus just north of the Williamsburg Bridge. The project is virtually complete and 271 of the 279 market rate apartments have been leased. Approximately 70 jobs/investor have already been created. One Domino Square is in a TEA and eligible for the reduced investment requirement of $800K. The I-956F (formerly known as an “exemplar”) petition for this project has been approved by USCIS. Contact us for details at info@ascendamerica.com
The Refinery is located on the Williamsburg Waterfront in Brooklyn, New York. The landmarked building, formerly the Domino Sugar Refinery, is part of the $2 billion redevelopment of the Williamsburg Waterfront undertaken by Two Trees Management Company. Construction of the project is complete and leasing in currently underway with multiple tenants signed and approximately 40% of the space currently occupied. Equinox, the high-end fitness brand, has leased approximately 40,000 square feet across three floors and, in December 2024, opened the first lux gym in the Williamsburg market. Approximately 55 jobs/investor have already been created. The project is in a TEA and therefore eligible for the discounted investment requirement of $800K. The I-956F (formerly known as an “exemplar”) petition for this project has been approved by USCIS. Contact us for details at info@ascendamerica.com
Financing:
$262 Million Total Project Cost
$168 Million NY State HFA Bonds (64%)
$74 Million Developer Equity (28%)
$20 Million EB-5 Capital (8%)
EB-5 Details:
40 EB-5 Investors
$20 Million EB-5 Capital Raised
Job Creation Requirement Exceeded
(62 jobs/investor)
Project Status:
Fully Subscribed
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Financing:
$287 Million Total Project Cost
$180 Million NY State HFA Bonds (63%)
$80 Million Developer Equity (28%)
$27 Million EB-5 Capital (9%)
EB-5 Details:
54 EB-5 Investors
$27 Million EB-5 Capital Raised
Job Creation Requirement Exceeded
(50 jobs/investor)
Project Status:
Exemplar Approved
Fully Subscribed
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Financing:
$303 Million Total Project Cost
$175 Million NY State HFA Bonds (58%)
$100 Million Developer Equity (33%)
$28 Million EB-5 Capital (9%)
EB-5 Details:
56 EB-5 Investors
$28 Million EB-5 Capital
Projected Job Creation: 2,640+ Jobs
(47 jobs/investor)
Jobs Created as of September 30, 2018: 930 Jobs (16+ jobs/investor)
Project Status:
Exemplar Approved
Fully Subscribed
Construction Complete
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Experience the pinnacle of refined Brooklyn living at One Domino Square, NYC’s fastest-selling condominium building, according to Marketproof. Six newly released penthouses in the development showcase elevated design on the Williamsburg waterfront. Offering masterful architecture and curated finishes, these three-bedroom and three-and-a-half bathroom penthouses capture the essence of…
n 1856, cousins Frederick and William Havemeyer opened the Domino Sugar Refinery between Kent Avenue and the East River in Williamsburg. At the peak of their production, they refined four-million pounds of sugar daily — enough for 720-million Nestlé Toll House chocolate chip cookies. The…
After a stacked day of programming at AN’s Facades+ New York City, event attendees, architects, designers, and product manufacturers convened for a ceremony to honor the inaugural winners of The Faces of Our City, our New York City facades awards program. The Faces of Our City was…
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