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BY: Bill DiPaolo | Nov. 21

Nick Mastroianni II, the developer of Harbourside Place, and the Mastroianni Foundation donated $3 million to the Jupiter Medical Center to establish a pediatric emergency department.

“As a father of three young girls, the well-being of my children is always on my mind. If your child is sick or injured and needs emergency services, I want them to get the best treatment possible. With this donation, we hope we can make the emergency room experience less intimidating for parents and their young children by separating them from the adult emergency room, and having dedicated, pediatric physicians available 24/7,” said Nicholas Mastroianni III, Nick Mastroianni’s son.

Nicholas Mastroianni III and his brother Anthony work with their father at Allied Capital & Development of South Florida, a Jupiter-based real estate development and capital-raising firm.

The 6,300-square-foot Mastroianni Family Pediatric Emergency Department will be located next to the hospital’s current emergency room. Plans call for eight pediatric treatment rooms, a dedicated family waiting area, pediatric triage rooms and indoor play areas.

The unit is expected to open in late 2018.

“I’m humbled to be a part of this new era at Jupiter Medical Center. My family wants to make sure other families feel more comfortable and at ease when making a visit to the ER with young children,” said Nick Mastroianni II.

Founded in 1979, JMC is a not-for-profit, 327-bed, regional medical center, consisting of 207 private acute-care hospital beds, and 120 long-term care, sub-acute rehabilitation and hospice beds. The town’s largest employer, JMC has about 1,600 team members, 615 physicians and 640 volunteers.

 

Washington, D.C. – November 20, 2017: The recent USCIS EB-5 Stakeholder Engagement held in New York on November 7, 2017 provided some frank statements by...

USIF aims to help 250 Indian investors immigrate to the United States through the EB-5 program by raising USD 125 million in foreign investment from India over the next 15 months.
US Immigration Fund (USIF), an American foreign direct investment firm in the business of raising EB-5 capital, has said they aim to help 250 Indian investors immigrate to the United States through the EB-5 program by raising USD 125 million in foreign investment from India over the next 15 months. Funds raised from investors will be deployed in various current and upcoming commercial and residential real estate projects by leading developers and backed by prominent senior lenders. The company, in association with education firm The Chopras Group, said the capital is being raised for investments in key real estate projects across the United States as part of the EB-5 visa program which facilitates foreign investors to obtain a US visa for them and their family. The EB-5 Program was created by the US Congress in 1990 to enable high net worth Foreign Investors to obtain a US visa for themselves and their immediate family by investing a minimum of USD 500,000 in a US business that will benefit the economy and create 10 jobs for American workers. As per data available from the Department of State and USICS, while 65,992 I-526 approvals were received for the period 1991-2016, more than 60 percent of approvals have come since 2014. Previous USIF projects have been backed by major financial institutions including Blackrock, Wells Fargo and JP Morgan. USIF and The Chopras expect to secure 200 investors through 2018 having seen significant demand since the launch of the partnership in late September 2017. USIF has been actively working in the market since the beginning of 2017 and expects to raise USD 50 million by year-end. EB-5 visas for Indians have steadily increased over the last few years with 76 Indian EB-5 visas issued in 2012 to 149 visas issued in 2016. “Our partnership with the Chopras has allowed us to grow exponentially over the last six weeks and gives us the confidence to move forward and set clear milestones for ourselves for the next 12-15 months. Our intent is to gain majority market share in EB-5 capital raised from India and we strongly believe this can be accomplished as the market is expected to grow significantly. The Chopras’ credibility is an asset for us and truly provides assurances and comfort to our EB-5 investor families as they embark on what could otherwise be a very complex and difficult journey. The Chopras’ impeccable reputation, breadth and depth of service offerings, and longstanding history throughout India will allow us to reach families across the country enabling us to better assist them with immigration aspirations for themselves and their children,” said Nicholas A Mastroianni II, Chairman and CEO of US Immigration Fund. The Chopras have supported USIF in building a large platform for EB-5 and establishing a dedicated infrastructure for the offering across all their 26 offices in major cities including Delhi, Mumbai, Bangalore, Hyderabad and Ludhiana. These operations will include investor relations and backend operations to support and educate investors through the entire EB-5 process. To date, investor interest and investment has primarily come from Delhi and Mumbai. However, following direct outreach and investor education programs undertaken by The Chopras and USIF, strong interest from regions like Punjab, Bengaluru, Pune and Hyderabad has surfaced.
Nov 07 NEW DELHI: US Immigration Fund has tied up with education firm The Chopras group to promote EB-5 visa in India and aims to raise USD 125 million by next year from 250 Indian investors who want to immigrate to the United States through this route. US Immigration Fund (USIF) is America's leading EB-5 regional center operator. It is in the business of raising EB-5 capital for investment in the US real estate market. The EB-5 program, launched by the US government in 1990, enables high net worth foreign investors to obtain a US visa for themselves and their family by investing a minimum of USD 5,00,000 in a US business that helps create 10 jobs for American workers. USIF today said this program enables US residency for the investor, spouse and children under 21, as well as a full return of their investment. "We have partnered The Chopras group to help Indian investors immigrate through EB-5 route," USIF Director Business Development -India Andrews R Graves told reporters here today. USIF is targeting to raise USD 125 million from 250 Indian investors through this route, he said, adding that EB-5 visas have steadily increased over the last few years with 149 visas issued to Indians in 2016. Graves said investments are safe as funds are deployed in commercial and housing projects of leading developers and backed by prominent senior lenders. Asked about the return on investment, The Chopras group managing partner San Chopra said the Indian investors can expect a return of 2.5-3 per cent annually. However, he said: "Investors under this program put money not for interest but to become eligible for green card." An investor can expect to get a green card in 4-5 years, Chopra said, adding that investors should look at this route considering difficulties in getting H-1B visa. The US has tightened the norms for issuing the H-1B and L1 visas in line with the Trump administration's goal to protect American workers from discrimination and replacement by foreign labor. The Chopras group is supporting USIF in building a large platform for EB-5 and established a dedicated infrastructure for the offering across major cities. "The EB-5 program has helped tens of thousands of families across the world successfully migrate to the US," said Nicholas Mastroianni III, President, USIF. USIF has so far raised USD 3 billion through this route from across the world since it began operations in 2009. The Chopras group is a leading education group whose origins are in higher education, career management and student recruitment globally.
The top floors of the 912-foot skyscraper are devoted to swank amenities
BY AMY PLITT  NOV 16 [caption id="attachment_23672" align="aligncenter" width="719"] All renderings by March[/caption] After years in development (and the departure of one of its original developers, Michael Shvo), the Rafael Viñoly-designed skyscraper at 125 Greenwich Street finally launched sales this fall, bringing pricey condos to an area—just south of the World Trade Center—that’s not exactly oversaturated with them. (Helmut Jahn’s 50 West is its closest competitor, geographically speaking.) And because no high-end condo in New York City can be built without a bevy of equally high-end perks, developer Bizzi & Partners have kitted out the top floors of the 912-foot building with what’s being called The 88 (because the top floor is the 88th floor, naturally). Spread across three floors, the amenity space was fashioned by British superyacht designers March & White, who also did the building’s interiors and apartments. Curbed has the exclusive on the first renderings of those amenities, which are about as over-the-top as you’d expect. The 15,000-square-foot space has several different components: The top floor is given over to a fitness center with a weight room and yoga/pilates studio. It overlooks the “wellness amenities” on the 87th floor, which include a spa, a “relaxation lounge,” and a 50-foot pool with pretty incredible views. On the 86th floor, there’s a private dining room, a screening room, and a lounge, also with panoramic views. The whole shebang will debut when the building welcomes its first residents in 2019. Currently, more than a dozen of its condos are up for grabs, with the cheapest being a $1.275 million studio on the 66th floor (yep, the studios are on the higher floors here), and the most expensive being a $5.6 million three-bedroom on the 50th floor.
Nov. 14 Mark Siffin, the Chairman and CEO of real estate development firm Maefield Development, is in the process of planning and developing two massive and prestigious properties in New York City. The first is the Times Square Gateway Center, with construction well underway and slated to be complete later this year. The second is the iconic Plaza Hotel on 5th Avenue, which is scheduled to undergo restoration and redevelopment. The Times Square Gateway Center has been a labor of love for Maefield Development and its visionary leader. Mark Siffin monitored real estate in New York City's Times Square for a decade before jumping in on the project at 701 7th Avenue. Siffin began assemblage of the site in 2010, Maefield Development gained full control of the property in 2012, and construction began in 2014. When complete in Q4 of 2017, the 345,000-square-foot complex will feature 220,000 feet of retail and entertainment space on the first six floors, topped by a 30-story, 450-room Marriott Edition Hotel, not to mention 20,000 square feet of LED signage overlooking busy Times Square. Siffin has already locked in deals and signed leases with Marriott International, Cirque de Soleil, Hershey's, and the National Football League. The project has a reported price tag of $1.1 billion, but the property is projected to reach a value of $3 billion upon completion. Maefield Development holds a 50% ownership stake in the Times Square Gateway Center. In a city full of iconic buildings, New York City's Plaza Hotel numbers among the most recognizable and revered. This mixed-use structure at the intersection of 5th Avenue and 59th street overlooks Central Park and is nestled in one of the most expensive and prestigious areas of the city. Despite being positioned on prime real estate along the city's luxurious 5th Avenue retail corridor, The Plaza has not been utilized to full commercial advantage, an oversight Mark Siffin sought to remedy when Maefield Development took control of the property in 2016. A $1.4 billion planned restoration and redevelopment project will preserve the heritage of this landmark structure while introducing a multi-story retail space and a five-star urban hotel worthy of this prestigious building and location. About Maefield Development: Maefield Development is a privately-owned real estate development firm established in 1991 with founder Mark Siffin serving as Chairman and CEO. The company has successfully acquired, developed, and/or sold over 6 million square feet of property, including residential, retail, hospitality, and office space in both urban and suburban markets, with particular focus on redeveloping underperforming urban properties in iconic, city center locations like New York City's Times Square, L.A.'s Sunset Strip, San Francisco's Union Square, and Miami's Ocean Drive. Fully integrated services allow Maefield Development to see projects through from beginning to end, and the company currently has over $9 billion in properties either under development or in operation. For more information, please visit www.maefield.com.
BY SANDRA HERRERA  NOVEMBER 13, Cold weather has officially swept over NYC and if you're lucky enough to live in one of the below newly-built rental buildings, you basically don't ever have to venture outside. From indoor dog parks to heated pools, these new developments have it all.
365 Bond Street
8 Available Listings From $2,538/Month
          Part of this Gowanus building's allure no doubt lies in its transforming waterfront location, but it also has some amazing amenities to enjoy indoors. 365 Bond features a warm library with fireplaces, a gourmet catering kitchen with private dining, a resident's lounge, game room, and children's playroom. For health and wellness seekers, the building also comes complete with a fitness center, a yoga room, spin studios, and workout rooms with regular programmed classes. Oh, and when getting to your car is a struggle in the cold weather, there's indoor valet parking directly accessible from inside the building. Other valet services include dry-cleaning and dog walking.
LEVEL, 2 North 6th Place
9 Available Listings From $2,400/Month
      Next up is LEVEL, a brand new rental tower that boasts seriously spectacular views of the East River, Manhattan skyline, and Brooklyn. It contains condo-like apartment finishes and amenities that can be accessed year-round, including an indoor pool with a skylight, whirlpool, and steam room, a 24-hour fitness center featuring technogym cardio and weights, a yoga room with virtual on-demand fitness classes, a club lounge with game tables and a demonstration kitchen, and finally, a party room with a kitchen. A true community, member events and activities will be coordinated weekly by LivUnLtd Concierge Service. Other perks include valet services and a gorgeous furnished lobby with a fireplace and 24-hour concierge.  
ARC, 30-02 39th Avenue
7 Available Listings From $2,170/Month
      Over 50,000 square feet of amenities await in this popular LIC rental! ARC boasts great outdoor features (including a 70' long saltwater pool and interior park) but for the coming winter, lucky residents will have plenty to do inside with a 5,000-square-foot fitness center, a yoga, spin and private workout studio, resident's lounge, catering kitchen with private dining, library, collaborative and private work space, basketball court, game room with vintage arcade games, golf simulator, and even a year-round greenhouse for gardening and events. There are dog walking services and indoor valet parking accessible from within the building.  
507 West Chelsea, 507 West 28th Street
19 Available Listings From $2,833/Month
507 West Chelsea doesn't have a ton of amenities (compared to many on this list) but what it does have is pretty amazing and well-designed. Come wintertime, residents can retreat to the building's luxurious lounge with a fireplace or the heated indoor Scandinavian-inspired swimming pool. Other amenities include a recreation room with a full catering kitchen and communal table, and a modern and interactive kid's playroom. Fitness classes are also offered.  
The Eugene, 435 West 31st Street
13 Available Listings From $3,510/Month
        The Eugene, part of the Manhattan West development, probably has the most comprehensive set of amenities in NYC. It features a Bluestone Lane coffee shop, 2-story rock-climbing wall, fitness center, basketball court, crash pad media and entertainment room, arcade corner and golf simulator, billiards room, library lounge, and children's playroom. The building's Hudson Club additionally offers a piano lounge, poker room, and a private dining room with a catering kitchen. There's even a pet grooming station!  
555Ten, 555 Tenth Avenue
13 Available Listings From $3,255/Month
     Yup, that's a bowling alley. 555Ten has ensured its position as a top amenity building with its diverse package that is heavy on child and pet care. In addition to bowling, there's an arcade, children's playroom, fitness center with an indoor saltwater pool, studio classes, weight rooms, training studio with interactive Nexersys Boxing Exergame and spin bikes, full pet-care by Throw Me a Bone, an outdoor dog park (protected from the weather), and an all-season rooftop bar/lounge warmed by a fireplace.  
American Copper Buildings, 626 First Avenue
12 Available Listings From $2,975/Month
     This SHoP-designed rental is as striking on the inside as it is on the outside. The dual copper towers share amenities that include a breathtaking 75' skybridge lap pool, a whirlpool hot tub, Turkish-style marble hammam with plunge pool, double-height fitness center with city views, yoga and pilates studio, private spa and treatment rooms, rock-climbing wall, and a juice and health bar.  
21 West End Avenue
6 Available Listings From $2,850/Month
     This new Lincoln Center development has features for everyone - even your fur friend. 21 West End Avenue has an indoor dog park, library and cafe, arcade, wine tasting room, club room with golf simulator, gym, yoga and boxing studio, and a garage workshop for all your DIY projects. There's also an indoor lap pool.
VIA 57 WEST, 625 West 57th Street
11 Available Listings From $2,829/Month
      No surprise Bjarke's creation made it on the list. VIA 57 West is widely hailed as an architectural masterpiece, and it has the amenities to fit. Notable indoor features include a swimming pool, library, screening room, playroom, golf simulator, game room, fitness center, spin room, and a half-basketball court.  
Halo LIC, 44-41 Purves Street
21 Available Listings From $2,835/Month
     Another Long Island City development, Halo LIC offers its residents plenty to do indoors and away from the harsh cold. Amenities include a movie theater, pet spa, library lounge, game room, business center, fitness center with sauna, and yoga studio. And if you dare to venture outside, the building has a rooftop terrace with a fire-pit and a weather-proof pool table.