Op-ed written by Bob Barr, former representative of Georgia’s Seventh District in the U.S. House of Representatives from 1995 to 2003.
"There is, however, one program that, over the course of its quarter century existence, has delivered consistently on its promise of bringing lawful immigrants to our shores as investors and job creators: the EB-5 visa program (“EB-5” is shorthand for the fifth category of employment-based immigrant visas).
Reauthorized repeatedly since its inception in 1990, the EB-5 program currently is again under consideration. The program works. It meets every positive criteria the administration has laid out for immigration reform. Reauthorizing and expanding the EB-5 visa program must be part and parcel of any DACA legislation or other immigration-focused legislation. Failure to do so should not be an option."
BUFFALO, N.Y. (WKBW) - Oishei Children's Hospital and the Buffalo Zoo have partnered to create Zoo TV for young patients.
Zoo TV is a feed of cameras at the zoo streamed directly to TVs in patient rooms. The webcam system allows patients to scroll through different zoo animal feeds.
The feeds are also accessible in playrooms on each floor and on mobile devices while in the hospital.
According to a Children's Hospital spokesperson, "the interactive application was created with the goal of enhancing patient experience, reducing patients' anxiety and redirecting their focus during hospital stays."
Bill Gresser, President of EB-5 New York State, LLC and Vice President of IIUSA participated on the very popular panel “EB-5 Legislative Policy Update” during the annual EB-5 Investors Magazine conference in Las Vegas, NV.
The panel included:
Bill Gresser, EB-5 New York State, LLC
Angelique Brunner, EB5 Capital
Daniel Healy, Civitas Capital Group
Enrique Gonzalez, Fragomen Worldwide
Tom Rosenfeld, CanAm Enterprises, LLC
The panelists discussed the likelihood of legislative changes to the EB-5 program in 2018 and the impacts of potential legislation. The panelists discussed the EB-5 program in the context of the larger US immigration debates. Bill and his fellow panelists focused on the key legislative issues for stakeholders in the EB-5 industry: Targeted Employment Areas (TEAs), the push for an increase in EB-5 visas and minimum investment amount increases.
Bill focused on the changes which may come from either (1) legislative changes (new law) passed by the US Congress or (2) changes from Regulation promulgated by the US Department of Homeland Security. Potential legislative changes which are being discussed in Congress may include needed integrity reforms, tightly defined targeted urban employment areas, visa set asides for rural and high unemployment urban areas, a 5 or 6-year re-authorization, coupled with increases in minimum investment amounts (from the current $500,000, up to $925,000 to $1,025,000).
The other mechanism for changes are regulations from the Department of Homeland Security (DHS). The DHS proposed regulations include changes which would tighten the definition of Targeted Employment Areas (but not as tightly defined as in the legislative proposals) and would greatly increase the minimum investment amount (up from the current $500,000, up to $1.3 million in a TEA or Rural area and $1.8 million per investor in all other areas). Of particular importance, the DHS’ regulatory changes cannot include the same integrity reforms and cannot reauthorize (or extend) the program – only Congress can make those changes.
Bill also stressed that although many in Congress support legislative reform, even if there is a compromise on an EB-5 legislative reform package, there must be a legislative vehicle (like the upcoming Omnibus bill expected to pass by March 23, 2018) upon which the EB-5 legislation would “ride.” The EB-5 program cannot realistically be passed on its own, and the upcoming Omnibus bill is the next appropriate legislative vehicle upon which the EB-5 program could be passed. Again, the Omnibus bill is expected to pass by March 23, 2018 with the end of the current continuing resolution.
Finally, Bill answered questions about the legislative and regulatory uncertainties which exist in the EB-5 program today and the challenges and opportunities that those uncertainties create for Regional Centers and project developers. The key, Bill stated, is the importance of planning for uncertainty in both Regional Center and EB-5 Investment Project design.
If you would like more information about this topic, please contact Phoebe Gresser at firstname.lastname@example.org.
"Congress voted to end the government shutdown on Monday after three days of a shutdown. President Trump signed the measure, extending federal funding and authorization of the EB-5 Regional Center Program until February 8th. Regular processing of EB-5 petitions have resumed at all relevant agencies.
Congress still has work to do before February 8th. The new CR is the fourth continuing resolution of FY 2018, creating uncertainty for our industry and many others across the country. While Republican negotiators on EB-5 are closer than ever to finding agreement internally, there are still bipartisan negotiations that need to occur. With pending regulations that could raise investment levels by over 100% and a current potential posted final action date in February, Congressional leaders would likely be left with only 60 days after that final action date to produce a legislative solution in place of the regulations. IIUSA continues to advocate on behalf of the industry based on our grassroots-developed Policy Platform and will keep you updated on progress as it happens."
Congress Passes Stopgap Spending Bill - Extends EB-5 Through January 19, 2018.
[On December 21st] "both the House and Senate passed a stopgap spending bill which will avert a government shutdown through January 19, 2018, pending signature by President Trump which is expected sometime today. This extends the current sunset date for the EB-5 Regional Center Program as well, which was supposed to expire at midnight tonight.
IIUSA remains in close conversations with the Congressional offices working on EB-5 reform legislation and we are hopeful that action will occur prior to the new sunset date in January. As always, we will keep you informed of any developments when they occur. A reminder that you can review IIUSA's Policy Platform at anytime. This platform, developed and approved by our members and Board of Directors, guides the organizations conversations and positions around EB-5 reform. Please email@example.com with any comments or questions."
"For Jacobs School of Medicine and Biomedical Sciences Dean Michael Cain, the completion of the school’s new downtown location is “a dream come true.”
Cain was among several UB administrators who spoke at the grand opening ceremony for the new medical campus Tuesday morning. Buffalo Mayor Byron Brown and New York State Lieutenant Governor Kathy Hochul also spoke at the ceremony and addressed a buzzing, excited crowd. Attendees filled every chair and standees spilled into the lobby. Onlookers could be seen looking down from every floor in the six-story atrium.
The opening of the $375 million facility comes after more than six years of planning and construction. The first phase of re-location started in November, and the building will be ready for the first day of classes on Jan. 8."
"The Gates Vascular Institute continues its international outreach, with two surgery cases last month broadcast live via webcast to help train physicians in 10 African countries.
The GVI partnered with the Jacobs Institute, as well as a medical device company, to share pacemaker surgeries with 30 physicians in Botswana, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, Uganda and Zimbabwe.
The surgeries, led by electrophysiologist Dr. Chee Kim, was a step-by-step demonstration of the insertion of pacemakers, a device used to control abnormal heart rhythms."
"The delicate and successful transport of 125 inpatient mothers, children and infants from Women & Children’s Hospital of Buffalo (N.Y.) to the new John R. Oishei Children’s Hospital marked the official opening of the new facility located on a medical campus in downtown Buffalo.
"With warm and welcoming appeal, Reikart House offers 92 guestrooms and 12 suites, all with a wider profile that resembles bedrooms versus typical hotel accommodations. Partnering with the Buffalo Niagra Heritage Museum, each of the 12 suites are themed around local influences and landmarks to symbolize Amherst’s history. A boardroom, fitness room, spa and soon-to-open restaurant, Jazzboline (named after an instrument Frank Reikart invented), add to Reikart House’s Tribute Portfolio-worthy guest experience.
"'Move Day' began at 7 a.m. Friday for the staff and patients of Women & Children's Hospital, as they take the 1.2 mile journey to the Buffalo Niagara Medical Campus and settle into their new home at the Oishei Children's Hospital. “So far so good,” said Kaleida Health CEO Jody Lomeo, describing the progress of the move.
"The brand-spanking-new John R. Oishei Children’s Hospital was a long time coming. Seventeen years ago most people would have bet against it, but today on the Buffalo Niagara Medical Campus the $270 million, high-tech hospital will formally open, capping years of planning and construction.
"The new John R. Oishei Children's Hospital that will open this week on the Buffalo Niagara Medical Campus exemplifies state-of-the-art pediatric care.
The hospital tower offers the latest in medical technology and thoughtful design. A connected outpatient center replaces dated facilities that were costly to maintain and no longer met patients' expectations.
The new hospital, together with a new University at Buffalo medical school under construction along Main Street, will solve a big piece of the puzzle on a medical campus trying to attract life sciences companies to start or move here."
"The 12 floors inside the new John R. Oishei Children's Hospital opening soon on the Buffalo Niagara Medical Campus each have distinct themes to highlight their connection to Buffalo – from the Spirit of Buffalo, to City of Good Neighbors, parks and gardens, sports, imagination and more.
Bill Gresser, President of EB-5 New York State, LLC receiving an award from Peter Joseph, Executive Director, IIUSA during the IIUSA Conference. This award was given to EB-5 New York State, LLC for the Company’s success in bringing EB-5 projects ‘full circle’ – meaning that the Company has EB-5 projects in which EB-5 Investors’ I-829 Petitions were approved by U.S. Citizenship and Immigration Services (“USCIS”).
This is a great accomplishment not only for the Regional Center, but also for the EB-5 Investors and their families who have earned unconditional permanent residency (permanent US green card) through EB-5 New York State’s affiliated investment projects.
If you would like more information about this topic, please contact Phoebe Gresser at firstname.lastname@example.org.
"In just over three weeks, the new Oishei Children’s Hospital at the Buffalo Niagara Medical campus will open to the public. From the moment patients and staff walk in, it’s going to be evident that the new state-of-the-art hospital was designed with families in mind."
"Jazzboline is the final piece of Iskalo Development’s hospitality campus at the site of the former Lord Amherst hotel in Snyder.
The $6.3 million, 14,000-square-foot restaurant and banquet center is being built on the former site of Sonoma Grille on Main Street. The restaurant will seat 168 and the banquet area will serve up to 200.
Iskalo Development spent more than $40 million on the campus that includes the 137-room Hyatt Place Hotel, which opened in November 2015, and the Reikart House, a 93-room boutique hotel that recently opened.
Bill Gresser, President of EB-5 New York State, LLC and Vice President of IIUSA speaking on the panel "How EB-5 Fits into the Political & Policy Puzzle of the 115th Congress" during the IIUSA Conference.
Bill Gresser and his fellow panelists,
Leon Rodriguez, Partner, Seyfarth Shaw LLP and former director of United States Citizenship and Immigration Services (“USCIS”) from 2014 to 2017
Adam Greene, President, Live in America Financial Services LLC
provided updates on the state of affairs in Washington, DC as they relate to the EB-5 program. Bill and his fellow panelists provided insight into the possibility of a long-term re-authorization, discussed policy issues (and possible solutions) and provided an analysis of EB-5 related legislation in relation to the larger context of US immigration policy. The panelists also discuss the proposed EB-5 regulatory changes published in the Federal Register this year, which may become effective in 2018.
If you would like more information about this topic, please contact Phoebe Gresser at email@example.com. ###
"The John R. Oishei Children's Hospital reflects a new mentality in Buffalo, one focused on the future instead of the past, Gov. Andrew M. Cuomo said Tuesday at a dedication marking the completion of the new facility.
Site work for the Jazzboline Restaurant, to be constructed next to the Reikart House, could begin by November 2017 after the Amherst Planning Board approved the site plan and found that the construction would not harm the environment.
"Perched high up on the 14th floor of at the former Top of the Plaza restaurant at Midtown Tower, Brandon Comella has a bird's eye view of downtown Rochester. The restaurant is now a luxury apartment, renamed Tower280 at Midtown, part of downtown Rochester's revitalization.
When Comella toured the space a year and a half ago as it was being constructed, he was living in a condo at The Sagamore on East. Buoyed by the location and amenities, Comella decided to give up condo ownership for apartment living at Tower280.
'This is exactly what I'm looking for,' said Comella, 46, who works as an orthodontist."