1. Overview of the Project 專案概覽

2. Highlights of This Project 專案亮點

• Proximity to Manhattan: LIC is only one subway stop away from Midtown Manhattan, providing residents with unparalleled access to New York City’s economic and cultural core. This connectivity ensures high demand for residential units from professionals, families, and international buyers. 
• 毗鄰曼哈頓：長島市距離曼哈頓中城區僅一站地鐵，方便居民前往紐約市的經濟和文化核心。如此優越的連通性確保了專業人士、家庭以及國際買家對住宅單元的高度需求。
• Anable Basin Waterfront: The projects are located near the historic Anable Basin, a former industrial waterfront now transforming into a mixed-use hub of residential, commercial, and cultural activity. This redevelopment adds long-term value to the properties while attracting premium buyers and renters
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• Anable Basin濱水區：專案位於歷史悠久的 Anable Basin 附近，這一前工業濱水區正在轉型為集住宅、商業和文化活動於一體的綜合開發中心。這一重新開發為物業增加了長期價值，同時吸引了高階買家和租戶。
• Murray Park Community: Both projects are situated adjacent to Murray Park, a rare green space in LIC that offers soccer and tennis courts, a children’s playground, and open fields. This unique urban oasis enhances the quality of life for residents, making the area highly desirable.
• 默裡公園社群：兩個專案毗鄰默裡公園（Murray Park），這是長島市裡面少有的綠地，提供足球場、網球場、兒童遊樂場和開放場地。這一獨特的城市綠洲提升了居民的生活質量，使該地區極具吸引力。

• A 23-story building featuring 201 high-end residential units and over 11,000 square feet of commercial space. 
• 一棟 23 層的大樓，擁有 201 套高階住宅單元及超過 11,000 平方英尺的商業空間。

• Designed to attract affluent buyers seeking premium living spaces in NYC, these condominiums will offer modern amenities, luxury finishes, and panoramic views. 
• 專為吸引尋求高階生活空間的高收入買家設計，這些公寓將提供現代化設施、豪華裝修和全景視野。
• The development includes parking facilities and other convenience features that appeal to high-income residents. 
• 開發專案包括停車設施和其他便捷功能，以吸引高收入居民。

• An 8-story mixed-use development with 54 rental units, retail, and community spaces.
• 一棟 8 層的綜合開發大樓，擁有 54 套出租單元、零售和社群空間。
• Designed for long-term income generation, Project B caters to the strong rental demand in LIC.  
• 可以帶來長期收入，滿足長島市強勁的租賃需求。
• Located one block from Project A, it shares the same locational advantages, providing a complementary market offering.
• 距離專案 A 僅一個街區，享有相同的區位優勢，提供了互補的市場產品。

• Eight Subway Lines: LIC offers access to the N, W, 7, E, M, R, G, and F subway lines, ensuring seamless travel throughout NYC.
• 八條地鐵線路：專案周邊有 N、W、7、E、M、R、G 和 F 線路，便於通往紐約市各地。
• Ferry and Bus Services: Additional transit options include ferry services along the East River and multiple bus routes connecting to surrounding boroughs and airports.
• 渡輪與巴士服務：包括東河沿岸的渡輪服務及連線周邊行政區和機場的多條巴士線路。
• Highway Access: LIC is conveniently located near major highways, facilitating car travel to other parts of New York City and beyond.
• 高速公路便利性：專案靠近主要高速公路，便於通往紐約其他地區及周邊地區。

• Anable Basin’s Transformation: Once an industrial hub, the Anable Basin area has evolved into a focal point for redevelopment. It was previously shortlisted as the potential site for Amazon’s East Coast headquarters, a testament to its strategic value
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• Anable Basin 地區的轉型：Anable Basin 地區曾是一個工業中心，如今已發展成為重建開發的焦點。該地區曾入圍亞馬遜東海岸總部的潛在選址，充分體現了其戰略價值。
• Mixed-Use Development: The area is becoming a vibrant community that blends residential, commercial, cultural, and recreational spaces, driving long-term appreciation in property values.
• 綜合用途開發：該地區正逐步發展成為一個充滿活力的社群，融合了住宅、商業、文化和休閒空間，推動了物業價值的長期增值。
• The AG18 projects are designed to meet the expectations of modern urban residents, incorporating top-tier features and amenities. 
• AG18 專案旨在滿足現代城市居民的期望，融入了頂級的功能和設施。
• Green Spaces: Adjacent to Murray Park, the developments offer residents access to rare urban green spaces, enhancing their appeal. 
• 綠色空間：毗鄰默裡公園（Murray Park），專案為居民提供了稀有的城市綠地，進一步提升了吸引力。
• Energy-Efficient Design: The projects aim to minimize their environmental impact while meeting the expectations of environmentally conscious buyers and renters.
• 節能設計：專案旨在儘量減少環境影響，同時滿足注重環保的買家和租戶的期望。

• Loan Term: Investors benefit from a standard loan period of 2.5 years, with an optional extension of 1.5 years. This ensures a relatively quick return of capital.
• 貸款期限：投資者受益於標準的 2.5 年貸款期限，並可選擇延長 1.5 年，確保資金相對快速回籠。
• Annual Returns: During the deployment period, investors receive 3.5% annual interest, providing predictable returns.
• 年度回報：在資金部署期間，投資者可獲得 3.5% 的年度利息，提供可預見的收益。
• First-Lien Mortgage Security: EB-5 funds are secured by a first-priority lien on Project A’s land and improvements, ensuring repayment priority.
• 第一留置權抵押擔保：EB-5 資金由專案 A 的土地及改進設施的第一優先權留置權擔保，確保還款優先權。
• Completion Guarantees: The developer has committed to completing construction for Project A, minimizing risks of delays or unfinished projects.
• 完工保證：開發商承諾完成專案 A 的施工，降低了延誤或未完工專案的風險。
• No Redeployment Requirement: Once investors meet the minimum two-year EB-5 investment period, they are not required to redeploy funds, ensuring peace of mind.
• 無需 「再投資」：一旦投資者滿足最低兩年的 EB-5 投資期要求，他們無需重新二次投資，令人放心。

• ARCFE Group 13 Projects: ZD Jasper Realty was a key player in delivering high-quality developments under ARCFE’s previous offerings, including luxury rental apartments and mixed-use properties.
• ARCFE 區域中心，組 13 專案：ZD Jasper Realty 是 ARCFE 過往專案的關鍵參與者，成功交付了高質量的豪華出租公寓和綜合用途物業。
• Successful EB-5 History: Projects developed by ZD Jasper Realty have consistently met USCIS requirements, achieving full repayment of EB-5 capital and approvals for I-526 and I-829 petitions
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• 成功的 EB-5 歷史：ZD Jasper Realty 開發的專案符合美國移民局（USCIS）的要求，成功實現 EB-5 資本的全額償還，並獲得 I-526 和 I-829 申請的批准。

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3. Sources of Funding 資金來源

• EB-5 Capital: $33.6 million raised from 60 global investors, accounting for approximately 14.5% of total funding.
• EB-5 資本：從來自全球的 60 位 EB5 投資者那裡籌集 3360 萬美元，佔專案總融資的約 14.5%。
• Developer Equity: Over $74.9 million, reflecting the developer’s significant financial commitment and minimizing reliance on external loans.
• 開發商股權：超過 7490 萬美元，體現了開發商的顯著財務承諾，減少了對外部貸款的依賴。
• Senior Secured Loans: These loans are backed by first-lien mortgage security, ensuring that the projects are financially insulated from potential market fluctuations.
• 高階抵押貸款：由第一留置權擔保，確保專案能從市場波動中獲得財務保障。

4. Market Analysis 市場分析

1. Unprecedented Growth: LIC has become a magnet for residential and commercial investment, driven by its proximity to Manhattan and its dynamic urban infrastructure. 前所未有的增長：長島市已成為住宅和商業投資的熱點，其增長動力源於曼哈頓的鄰近性和現代化的城市基礎設施。
2. High Rental Demand: LIC’s population is growing rapidly, creating sustained demand for high-quality rental units such as those offered by Project B. 高需求的租賃市場：長島市人口快速增長，對高質量租賃單位的需求持續增加，例如專案 B 提供的租賃住宅。
3. Luxury Market Viability: The area’s appreciation in property values and its affluent demographic make it an ideal market for Project A’s luxury condominiums. 豪華市場的可行性：該地區房產價值的持續升值以及富裕人口的增加，為專案 A 的高階公寓市場提供了理想條件。
4. Prime Waterfront Location: The developments are near the East River waterfront, an area that has attracted significant redevelopment and economic activity, enhancing their long-term value. 濱水區的優勢：專案靠近東河濱水區，這一地區吸引了大量再開發和經濟活動，進一步提升了專案的長期價值。

5. Operational Forecast Analysis 運營預測分析

• Project A (23-story Luxury Condominiums) It is at the pre-construction stage with permits and financing secured. Preparatory work is complete, and construction is expected to commence shortly. Scheduled for completion within 30 months of starting construction, aligning with the investment’s 2.5-year loan term.

• Project B (8-story Mixed-Use Rental Building): It is nearing completion with the superstructure finalized and façade work underway. Interior finishing is expected to follow shortly. Project B is expected to become operational in 2024, generating rental income from residential and retail leases.

• Project A: 專案 A：
• Condominium Sales: Revenue from the sale of 201 luxury condominium units will drive significant cash inflows. LIC’s growing real estate market and high-end buyers ensure strong demand and price appreciation. 公寓銷售：通過出售 201 套豪華公寓單元產生大量現金流。長島市日益增長的房地產市場和高階買家確保強勁需求和價格升值。
• Commercial Leasing: The 11,543 square feet of commercial space offers additional revenue opportunities, catering to LIC’s vibrant business ecosystem. 商業租賃：11,543 平方英尺的商業空間為 LIC 充滿活力的商業生態系統提供了額外的收入機會。

• Project B: 專案 B：
• Rental Income: The 54 residential units are designed to meet LIC’s high rental demand, ensuring stable and recurring income. 租賃收入：54 個住宅單元專為滿足 LIC 高租賃需求而設計，確保穩定的經常性收入。
• Retail and Community Space: Additional revenue will be generated from leasing retail spaces and community facilities, adding to the project’s financial stability. 零售和社群空間：透過零售空間和社群設施的租賃獲得額外收入，進一步提高專案的財務穩定性。

• Completion Guarantees: The developer provides a completion guarantee for Project A, minimizing risks associated with construction delays or cost overruns. 完工保證：開發商為專案 A 提供完工保證，最大限度地降低施工延誤或成本超支的風險。
• Third-Party Administration: EB-5 funds are managed by Proxy Fund Services LLC, ensuring proper allocation and transparency. 第三方管理：EB-5 資金由 Proxy Fund Services LLC 管理，確保資金分配和使用的透明性。
• Professional Contractors: The project engages reputable contractors and suppliers to maintain high-quality standards and adhere to timelines. 專業承包商：專案聘用了信譽良好的承包商和供應商，確保高質量標準和按時交付。

• Market Dynamics: LIC’s high rental demand and affluent buyer demographic ensure a steady flow of tenants and buyers. 市場動態：LIC 高租賃需求和富裕買家群體確保租戶和買家的穩定來源。
• Sustainability: The inclusion of energy-efficient designs and access to green spaces aligns with growing consumer preferences for eco-friendly living. 可持續性：採用節能設計和綠色空間符合消費者對環保生活日益增長的偏好。
• Post-Stabilization Plans: Once operational, Project B will pursue permanent refinancing, enhancing cash flow and financial flexibility. 後期穩定化計劃：專案 B 投入運營後，將尋求永久性再融資，增強現金流和財務靈活性。

Tax Revenues and Local Economic Growth   稅收貢獻與地方經濟增長：

• Property Tax Contributions: The development will contribute significantly to local government revenues through property taxes, aiding in the funding of public services such as schools, infrastructure, and public safety. 物業稅收入：專案將透過物業稅（房產稅）為地方政府貢獻大額收入，用於支援公共服務，包括學校、基礎設施和公共安全。
• Increased Consumer Spending: The influx of new residents and commercial tenants will drive spending in local businesses, including restaurants, retail stores, and service providers. 消費者支出增長：新居民和商業租戶的湧入將推動當地企業的消費，包括餐館、零售商店和服務供應商。
• Long-Term Economic Integration: By creating modern residential and commercial spaces, the AG18 project aligns with LIC’s broader economic development goals, attracting more investment and enhancing the area’s appeal. 長期經濟整合：透過現代化的住宅和商業空間的建設，AG18 專案契合 LIC 的整體經濟發展目標，吸引更多投資並提升該地區的吸引力。

Community Benefits  對社群的貢獻

• Green Living: Proximity to Murray Park provides residents access to recreational facilities, enhancing quality of life. 綠色生活：靠近默裡公園（Murray Park），為居民提供便利的休閒設施，提升生活質量。
• Cultural Contributions: The mixed-use nature of the project supports LIC’s dynamic cultural and economic environment, making it a magnet for creative and business communities. 文化貢獻：專案的綜合用途性質支援 LIC 充滿活力的文化和經濟環境，使其成為吸引創意和商業社群的磁石。

7. Risk Analysis 風險分析

• Market Risks: LIC’s strong market fundamentals and growing demand for residential properties minimize exposure to economic fluctuations. 市場風險：長島市（LIC）強勁的市場基礎和對住宅物業日益增長的需求，最大程度地降低了經濟波動的影響。
• Regulatory Risks: The AG18 project fully complies with the EB-5 Reform and Integrity Act of 2022, ensuring adherence to USCIS requirements. 監管風險：AG18 專案符合 EB5 投資移民新法 3《2022 年 EB-5 改革與誠信法案》的規定，合乎美國移民局（USCIS）的要求。
• Financial Risks: The inclusion of senior-secured loans with first-lien mortgage security provides a robust safeguard against financial uncertainties. 財務風險：高階擔保貸款的加入，以及第一留置權抵押擔保，為應對財務不確定性提供了強有力的保障。

8. Investor Security EB-5 投資安全

• First-Lien Mortgage Security: EB-5 funds are secured by first-priority liens on the land and construction improvements of Project A, ensuring repayment priority.  第一留置權抵押擔保：EB-5 資金由專案 A 的土地和建築改進的第一優先權留置權擔保，確保投資者享有優先還款權。
• Completion Guarantee: Developers provide guarantees for Project A, reducing risks of incomplete construction. 完工保證：開發商為專案 A 提供完工保證，降低施工未完成的風險。
• Short Deployment Period: A 2.5-year loan term ensures a relatively short investment horizon, with an extension period capped at 4 years.  短期週轉週期：2.5 年的貸款期限確保了相對較短的投資週期，且延期期限上限為 4 年。
• No 「Second Investment」 Requirement: Investors need not redeploy funds once the USCIS-mandated two-year investment period is satisfied. 無需 「再投資」：投資者在滿足美國移民局（USCIS）規定的兩年投資期後，無需重新投資資金到新專案。

9. Our Ratings on This Project Compared to Other Similar EB-5 Projects, Using a Scale of 1 to 5 (5 being the most favorable for investors).     專案評分（1-5 分，5 分為最優）

• Substantial Developer Equity: The developer has committed over $74.9 million, representing approximately 32.4% of the total funding. This substantial equity contribution demonstrates the developer’s confidence in the project and reduces dependency on external financing. 開發商大量股權資金投入：開發商承諾投資超過 7,490 萬美元，約佔總資金的 32.4%。這一大規模的股權投入體現了開發商對專案的高度信心，同時減少了對外部融資的依賴。
• Traditional Construction Loans: The projects are supported by senior construction loans backed by first-lien mortgage security. This ensures that the project has access to stable financing while prioritizing debt repayment, adding a layer of financial security. 傳統建築貸款：專案獲得由第一留置權抵押擔保支援的高階建築貸款，確保專案獲得穩定的融資渠道，並優先償還債務，增加了財務安全保障。
• EB-5 Capital: The $33.6 million raised from EB-5 investors is deployed as a senior secured loan, ensuring repayment priority and adhering to USCIS requirements. The project’s structured approach to integrating EB-5 capital aligns with best practices in the industry. EB-5 資本：此專案從 EB-5 投資者那裡籌集 3,360 萬美元，作為高階擔保貸款部署，確保了還款優先權，並符合美國移民局（USCIS）的要求。專案對 EB-5 資本的結構化運用符合行業最佳實踐標準。

• Unparalleled Location: LIC is just one subway stop from Midtown Manhattan, offering exceptional convenience for commuters while maintaining lower housing costs compared to Manhattan. The projects are also situated near Anable Basin, a rapidly developing waterfront district with significant cultural and economic potential.
• 無與倫比的地理位置：長島市距離曼哈頓中城區僅一站地鐵，為通勤者提供了極大的便利，同時其住房成本相較曼哈頓更為低廉。此外，專案毗鄰快速發展的 Anable Basin 濱水區，該區域擁有巨大的文化與經濟潛力，正在迅速轉型為重要的綜合開發中心。
• High Rental Demand: LIC’s growing population and influx of professionals drive robust demand for rental properties like those offered in Project B. The area’s reputation as a prime residential hub ensures steady demand and consistent rental income.
• 強勁的租賃需求：長島市不斷增長的人口和湧入的專業人士推動了對租賃物業（如專案 B 提供的住宅）的強勁需求。作為首選住宅區，長島市的聲譽確保了租賃需求的穩定性和持續的租金收入。
• Luxury Condominium Market: LIC’s upscale demographic supports premium property prices, providing strong revenue potential for Project A’s high-end condominiums. Proximity to Murray Park enhances the attractiveness of these units, making them stand out in the competitive luxury market.
• 豪華公寓市場：長島市日益升級的人口結構支撐了高階物業價格，為專案 A 的高階公寓提供了強大的收益潛力。毗鄰默裡公園的優勢進一步提升了這些住宅單元的吸引力，使其在競爭激烈的豪華房地產市場中脫穎而出。

• Experienced Developers: The developer, ZD Jasper Realty, has over 20 years of experience in residential and mixed-use developments, with a track record of delivering successful projects in New York and China. Their past performance includes several completed ARCFE projects, with full EB-5 repayments and USCIS approvals
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• 經驗豐富的開發商：開發商 ZD Jasper Realty 在住宅和綜合用途開發領域擁有超過 20 年的經驗，成功交付了多個專案，遍及紐約和中國市場。其過往業績包括多個已完成的 ARCFE 專案，這些專案均實現了 EB-5 資金的全額償還，並獲得了美國移民局（USCIS）的批准。
• Construction Progress: Project B is nearing completion, with the superstructure finished and façade work well underway. Project A is ready to commence construction, with all permits secured and pre-construction preparations completed.
• 施工進展：專案 B 已接近完工，主體結構已完成，外立面施工正在有序推進。專案 A 已準備好啟動施工，所需的許可證已全部獲批，前期建設準備工作已順利完成。
• Completion Guarantees: The developer has provided completion guarantees for Project A, mitigating risks of delays or incomplete construction.
• 完工保證：開發商為專案 A 提供了完工保證，最大限度地降低了施工延誤或未完工的風險。
• Short Investment Horizon: Investors benefit from a 2.5-year loan term, with a capped extension of 1.5 years. This structure ensures a relatively short investment horizon while delivering annual returns of 3.5% during the deployment period.
• 較短的投資週期：投資者受益於 2.5 年的較短貸款期限，貸款延期期限上限為 1.5 年。這一結構確保了相對較短的投資週期，同時在資金部署期間提供 3.5% 的年度回報。

• Job Creation Surplus: The projects are expected to generate 1,272.5 jobs, averaging 30 jobs per investor, nearly triple the minimum requirement of 10 jobs per EB-5 investor. This substantial surplus ensures all investors meet USCIS criteria, even under conservative scenarios.
• 就業創造盈餘：專案預計將創造 1,272.5 個就業崗位，平均每位投資者可貢獻 30 個就業機會，幾乎是 EB-5 法案對創造就業基本要求（每位投資人透過投資新創造 10 個工作崗位）的三倍。這一顯著的就業盈餘確保了所有投資者在保守情景下依然符合美國移民局（USCIS）的標準。
• Independent Validation: Job creation estimates are verified by Baker Tilly US LLP, a leading accounting and consulting firm specializing in EB-5 economic modeling. The use of the IMPLAN model, an industry standard, ensures accurate and credible calculations.
• 獨立驗證：就業創造資料由 Baker Tilly US LLP 進行驗證。該公司是專注於 EB-5 經濟建模的領先會計與諮詢機構，採用行業標準的 IMPLAN 模型進行計算，確保了資料的準確性和可信度。

• First-Lien Mortgage Security: EB-5 funds are secured by a first-priority lien on Project A’s land and improvements, providing a strong guarantee of repayment priority.
• 第一留置權抵押擔保：EB-5 資金由專案 A 的土地及改建設施提供第一優先權留置權擔保，確保投資者享有優先還款權，提供強有力的保障。
• Completion Guarantee: For Project A, the developer has committed to completing the construction, reducing the risks associated with delays or cost overruns.
• 完工保證：對於專案 A，開發商承諾完成施工，降低了與施工延誤或成本超支相關的風險。
• Short Deployment Period: Investors benefit from a relatively short 2.5-year loan term, with a maximum extension period of 1.5 years, ensuring quicker capital returns compared to other EB-5 projects.
• 較短的投資週期：投資者受益於相對較短的 2.5 年貸款期限，最長延期為 1.5 年，與其他 EB-5 專案相比，可實現更快的資金回籠。
• No 「Second Investment」 Requirement: Once investors meet the USCIS-mandated two-year minimum investment period, there is no requirement to redeploy funds, enhancing capital security and reducing investor uncertainty.
• 無需 「再投資」：一旦投資者滿足美國移民局（USCIS）規定的兩年最低投資期，無需重新投資資金到新專案，增強了資本安全性，降低了投資者面對的不確定性。
• Transparent Fund Administration: EB-5 funds are managed by Proxy Fund Services LLC, a third-party administrator, ensuring accountability and transparency in the deployment and management of capital.
• 透明的資金管理：EB-5 資金由第三方管理機構 Proxy Fund Services LLC 負責管理，確保資本部署和管理過程的透明度和問責制。

• Construction Risks: These are minimized by the advanced progress of Project B and the completion guarantee provided for Project A.
• 建設風險：透過專案 B 的先進施工進展和專案 A 的完工保證，建設風險被降至最低。
• Market Risks: LIC’s robust market fundamentals and high rental demand reduce the impact of potential economic downturns or price fluctuations.
• 市場風險：長島市（LIC）穩健的市場基礎和高租賃需求降低了潛在經濟衰退或價格波動的影響。
• Regulatory Risks: The project fully complies with the EB-5 Reform and Integrity Act of 2022, ensuring adherence to modern program standards and reducing the risk of delays or denials due to compliance issues.
• 監管風險：專案完全符合《2022 年 EB-5 改革與誠信法案》的要求，確保遵守現代專案標準，降低因合規問題導致延誤或被拒的風險。

我們新未名律師事務所幫助數千位中國申請人準備和提交了 I-140 、 I-485 和各類移民簽證以及非移民簽證申請，獲得了綠卡和簽證批准，其中包括職業移民也包括親屬移民，包括 EB-1A 、 EB-1B 、 EB-1C 、 NIW 、 PERM 、 EB-2 、 EB-3，以及從 EB-2 降級到 EB-3 、 EB-5 投資移民，等等；包括 H-1B 、 B-2 、 O-1 、 L-1 等簽證申請，還包括 I-485 申請被拒或者遇到 RFE 以後找到我們，在回覆 RFE / NOID 以後，或提交 Motion to Reopen 以後，或重新提交申請以後，獲得批准的。除了一條龍全套服務（比如從一開始準備 I-485 的全部表格和材料、到申請人全家拿到綠卡，負責到底），我們也可以根據客戶的需求提供諮詢（consultation），幫助回覆 RFE 、 NOID，提交 Motion，幫助聯絡移民局詢問 Case 情況並要求加速審批，陪同參加（或幫助準備）移民面試，提供翻譯，以及 Review 申請表格和材料，解答問題等各種服務。

歡迎發信聯絡我們：

蔡律師：[email protected] ; 

楊律師：[email protected]

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