EB-5 lender for Legion’s Chelsea project sues DHS over application delays

by The Real Deal

When Donald Trump took office this year, he promised ruthless governmental efficiency.  But an investor tied to a Chelsea condo project is claiming in a lawsuit filed against Department of Homeland Security Secretary Kristi Noem and the United States Citizenship and Immigration Services office that it can hardly get an email back. The lawsuit was filed by an entity raising EB-5 funds for Legion Investment Group and AVRS Partners’ 83-unit luxury development at 550 West 21st Street. The complaint names the USCIS-designated regional center facilitating the EB-5 investment into the project among the defendants. The regional center, which is responsible […] This article originally appeared on The Real Deal. Click here to read the full story.
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