There are lots of reasons not to like Hudson Yards, the vast new city-within-a-city on the west side of Manhattan. Among them: $1.2 billion of the funding for the project came from the EB-5 visa program, with even more money on the way.
The big picture: The EB-5 visa was designed to reward foreigners for investing in remote rural areas, or distressed urban ones. Hudson Yards is hardly distressed. So Kriston Capps at CityLab used FOIA requests to find out how EB-5 money ended up being used in one of the richest parts of America.
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