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Developers to Grant Visas for Funding

May 29, 2013 4:57 PM

Luxury developers the Durst Organization, unable to get loans for expensive developments in Manhattan are increasingly turning to foreign investors, promising them citizenship for capital. Using the little known EB-5 category for work visas, Durst hopes to get foreign investors to foot the bill.

http://online.wsj.com/article/SB20001424127887324125504578509382446057460.html?ru=yahoo?mod=yahoo_itp

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  • NY and NJ Hotel Workers Union
  • The Hotel and Gaming Trades Council, AFL-CIO, is the union of hotel workers in the New York City metropolitan area, the Capital Region of New York State, and New Jersey, representing nearly 40,000 non-managerial employees.
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