The Latest:
Celebrating 10 years of EB-5 New York State’s inaugural project for the Gates Vascular Institute
Earlier this year, the Gates Vascular Institute (GVI) in Buffalo, NY celebrated 10 years in operation. Even 10 years later, the GVI continues to forge new paths in medical treatment. According to the Buffalo News, “…work performed at the institute during the last...
More News and Updates
USCIS Announces New Actions to Reduce Backlogs, Expand Premium Processing, and Provide Relief to Work Permit Holders
U.S. Citizenship and Immigration Services is announcing a trio of efforts to increase efficiency and reduce burdens to the overall legal immigration system. USCIS will set new agency-wide backlog reduction goals, expand premium processing to additional form types,...
Federal visa program that helped fund big Buffalo projects is on hold
Read more about the impact of the EB-5 Program on Western New York as the country waits for Congress to make a decision regarding the visa. Buffalo News...
Physician practice expands downtown site
“General Physician PC Primary Care has opened a practice site in Buffalo, becoming the first tenant in a new six-story medical office building adjacent to the Buffalo Niagara Medical Campus.”
“It’s the next in a series of openings and expansions for General Physician PC, an affiliate of Kaleida Health and Great Lakes Health. Since its founding in 2010, the practice has doubled its list of providers, growing to 60 offices throughout Western New York and Northern Pennsylvania. With 115 physicians, the practice is the region’s No. 3 largest multi-specialty medical groups.”
Bills host Honorary Captain for once-in-a-lifetime experience
“The Buffalo Bills welcomed William "Will" Lucas from Stone's Buddies at John R. Oishei Children's Hospital to the field for a special moment during practice on Friday, Aug. 2. Earlier in the day, Lucas signed a one-day contract with Brandon Beane and Sean McDermott to serve as the honorary captain!”
Original Grain opens second location in downtown Rochester
“ROCHESTER, N.Y. - Original Grain, the downtown Syracuse restaurant specializing in grain bowls, salads, nori wraps and other health-conscious offerings, opened its second location in Rochester today.
The restaurant announced on social media that its new location inside the Tower280 Building, a luxury mixed-use high-rise building located at 280 E. Broad St. in Rochester, opened for business this morning.”
‘Elegance without pretension’: Jazzboline restaurant opens next to Reikart House
“A project of Iskalo Development, Jazzboline soft-opened in late June at 5010 Main St., Amherst, the final product of a more than $6 million endeavor just off the Main Street west exit of the I-290, close to the I-90. The former Sonoma Grille was demolished to accommodate the new restaurant.”
New Rulemaking Brings Significant Changes to EB-5 Program
“U.S. Citizenship and Immigration Services (USCIS) will publish a final rule on July 24 that makes a number of significant changes to its EB-5 Immigrant Investor Program, marking the first significant revision of the program’s regulations since 1993. The final rule will become effective on Nov. 21, 2019.”
… “Major changes to EB-5 in the final rule include:
-
Raising minimum investment amounts: As of the effective date of the final rule, the standard minimum investment level will increase from $1 million to $1.8 million, the first increase since 1990, to account for inflation. The rule also keeps the 50% minimum investment differential between a TEA and a non-TEA, thereby increasing the minimum investment amount in a TEA from $500,000 to $900,000. The final rule also provides that the minimum investment amounts will automatically adjust for inflation every five years.”
TOPS RAISED HALF A MILLION DOLLARS FOR JOHN R. OISHEI CHILDREN’S HOSPITAL
“Every year, Tops Friendly Markets host a golf tournament to raise awareness and money for the children treated at Oishei Children's Hospital.
As a preview to the gold tournament, they host a "celebrity" putting tournament where local TV, Radio, and sports celebrities team up with kids being treated at Oishei for a fun time.
This year, Tops was able to present Oishei with a check for $500,000...a record amount!”
National Debt Holdings Donates $5000 to the John R. Oishei Children’s Hospital
“National Debt Holdings today announced a $5000.00 donation to the John R. Oishei Children’s Hospital in Buffalo, New York. This generous donation is part of the Company’s Corporate Charitable Giving Program and will help to provide important services to Western New York’s chronically ill children and their families.”