16/09/2026
550 West Chelsea Residences EB-5 Project | September 2026 Update
βFully Subscribed & Fundedβ π π π
We are pleased to announce that the 550 West Chelsea Residences EB-5 Project is now fully subscribed, successfully completing its investor recruitment process.
Located at 550 West 21st Street in Manhattan, New York, the project features 83 luxury condominium residences with the project successfully raising $60 million in EB-5 capital from 75 investors.
π Key Milestones
β
Satisfaction of the required EB-5 job creation targets
β
USCIS I-956F approval secured: January 2026
β
Construction on track for anticipated completion in Q4 2027
With the EB-5 offering now fully subscribed, the EB-5 project has moved to the next phase of the development.
πWe are grateful to all the investors, advisors and brokers who placed their confidence in this offering and we will continue to provide updates as the project progresses.
Contact us to stay updated on the project!
π§ [email protected]