Officials in Mississippi are demanding that an electric car company founded by current Virginia Gov. Terry McAuliffe repay more than $6 million in public funds. In a report released on July 12, the office of Mississippi State Auditor Stacey...
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Governor unconcerned about financial obligations of GreenTech firm he founded
Carpenters Union Protesting the Start of Park and Shore High-Rise Construction in Jersey City
Project Utilizes EB-5 Foreign Financing and is Employing Non-Jersey City Residents Today, the Northeast Regional Council of Carpenters (NRCC) will begin a campaign to raise awareness for the business and employment practices of Structure Te...
Trump campaign and fundraising committees raise $13.9 million in second quarter
The biggest donations given to Trump Victory and Trump Make America Great Again came from donors with limited histories of giving to Trump. Donald Trump’s campaign operation raised nearly $14 million between the start of April and the end o...
Mississippi auditor says GreenTech shrank to 10 employees, McAuliffe responds: 'I left a long time ago'
A Mississippi official investigating the activities of an electric car company created by Virginia Gov. Terry McAuliffe has found that the company did not come close to creating the 350 jobs it promised and had shrunk to about 10 employees as ...
Green for Green
Bradley Snyder and Gar Lippincott are principals in Tampa-based Atlantic American Partners, a firm that provides foreigners the opportunity to obtain citizenship through job-creating investments. Atlantic American has financed a series of high...
FreshDirect Nabs $50M Bridge Loan for New Bronx Headquarters
A FRESHDIRECT DISTRIBUTION CENTER. Sterling National Bank has provided a $50 million mortgage to FreshDirect for its corporate headquarters and distribution center at 2 St. Ann’s Avenue in the Bronx. The bridge loan acts as a short-term con...
Green Valley Hospital breaks ranks, opposes AHCCCS levy
Despite gains under Obamacare, roughly 800, 000 Arizonans do not have health care coverage. Insurance companies are tweaking policies in an effort to get those people to enroll. Breaking ranks, an Arizona hospital built with financing from ...
Proposed EB-5 Visa Program Reforms
The EB-5 visa program has become a major source of real estate financing nationwide, and in particular for large real estate development projects in New York City such as Hudson Yards in Manhattan, the New York Wheel on Staten Island, and the ...
Jay peak receiver seeks 1.35m fees expenses
Michael Goldberg at a Statehouse news conference in April. Lawyers with a stake in the massive fraud case involving Northeast Kingdom projects have revised their proposal for divvying up $25 million in settlement proceeds after a judge rai...
Reveal For 30-80 12th Street, Large Residential Development Coming To Astoria, Queens
When it comes to massive residential projects in Queens, Long Island City has a fairly solid monopoly on the largest buildings. But as Astoria sees its own wave of new developments, it too is set to sprout an enormously scaled apartment projec...
New owner of Centennial Plaza also owns Markham building, harbor casino site
A sign advertises a Holiday Inn Resort to be built at Centennial Plaza in Gulfport. Virginia attorney Robert Lubin, who also proposes building a casino at the Gulfport Harbor and restoring the Markham Hotel in downtown Gulfport, has bought out...
Inside Gary Barnett’s $4B Central Park Tower
Gary Barnett and a rendering of Central Park Tower at 217 West 57th Street The priciest unit is a $95M penthouse with a pool, but what's not for sale is even more interesting On the 100th floor of the most expensive residential building ...
Jersey City, where the Kushners' worlds collide
The site of the One Journal Square luxury apartment project in Jersey City, N.J., in May 2017. Until he stepped aside from his real estate business to become a senior White House aide, developer Jared Kushner was a major player in the gentr...
SEC Authority over EB-5 Offerings Confirmed in Court Victory
On Thursday, June 29, 2017, in the closely-watched EB-5 case SEC v. Feng, No. 2:15-cv-09420 (C.D. CA, filed December 7, 2015), a U.S. district court in California affirmed the authority of the Securities and Exchange Commission (SEC) to overse...
Jersey City has turned sharply against Donald Trump's son-in-law, Jared Kushner
Being related to President Trump is not a blessing in Jersey City. ntil he stepped aside from his real estate business to become a senior White House aide, developer Jared Kushner was a major player in the gentrification of Jersey City, whe...