Sentencing for Lobsang Dargey, the local developer who in January pleaded guilty to two felony charges related to raising money from Chinese investors, has been postponed until June. The hearing was originally scheduled for this week. Darge...
Bentley Zhao’s New Empire Real Estate Development filed an offering plan for a 56-unit condominium at 2128 Ocean Avenue in Sheepshead Bay, an application with the New York State Attorney General’s office shows. Zhao is shooting for a $43 mi...
In a call to Israeli bondholders Wednesday, Extell Development’s Gary Barnett reported that his firm had secured $168 million in EB-5 funds for Central Park Tower, the supertall condominium project set to rise on Billionaires’ Row. Up to $3...
Within 30 days, tens of thousands of American jobs and many of the country’s largest real estate projects, including those in Miami, will be in serious jeopardy if Congress votes to eliminate or drastically change the controversial EB-5 Visa P...
The president of the firm that developed the Taconic Hotel in Manchester village has been indicted on federal bank fraud charges involving incidents allegedly occurring in Florida from 2006-09. George Heaton, 73, of West Palm Beach, Florida...