New York City Real Estate Regional Center (NYCRERC) was approved by the U.S. Citizenship and Immigration Services (USCIS) as a designated Regional Center on April 3, 2012 and is entitled to participate in the EB-5 Immigrant Investor Program by demonstrating the ability to create jobs in the economic categories required by USCIS. Based on business development, the Regional Center has filed a request to amend its regional center designation with an amendment on December 17, 2016. The request for an amendment was officially approved by USCIS on October 31, 2017 based on the actual project compliance with EB-5 program requirements as per USCIS policy.
Mr. Louis V. D’Arminio served in United States Marine Corps from 1967 to 1971, where he received a Bronze Star Medal, the Navy Achievement Medal with Valor, and the Combat Ac on Medal. Afterward, he worked in the New Jersey Police Department and the Department of Homeland Security, assigned to the advance security details of Presidents Reagan, Bush Sr., Bill Clinton & Vice Pres. Al Gore. From 2002-2010, Mr. D'Arminio served two terms as Mayor of the Township of Saddle Brook in New Jersey. During his 40 years of public service, Mr. D’Arminio’ s earned many recognitions and awards.
As the business has grown, so has the need for competent staff dedicated to the different components of running a successful operation. We have established an entire human resources department to focus on the ongoing process of recruitment, hiring, and training employees. To date, all components of the business are fully operational and are creating revenue sufficient to repay all EB-5 loans in a timely manner. The Regional Center is in full compliance with all USCIS requirements and maintains an active status Please contact us to receive project specific information.
The main geographic focus is the five boroughs of New York City, including Kings County (Brooklyn), Queens County, New York County (Manhattan), Bronx County and Richmond County (Staten Island). The New York City Real Estate Regional Center will initially engage in the following economic activities: construction; transportation via taxi and limousine services; operation of parking facilities and car washes; and car dealerships. USCIS approved the following investment categories as follows:
Because the Regional Center has a practice of pre-screening the lawful source of investment funds of potential investors, we maintain a 100% USCIS approval rate of I-526 investor petitions.
Our project involve the development and commercialization of transportation related software. In addition to software, the project also includes the purchase and operation of up to two parking facilities.
To date, all components of our EB-5 businesses are fully operational and are creating revenue sufficient to repay all EB-5 loans in a timely manner. The Regional Center is in compliance with all USCIS requirements.
To date, the project has created the minimum of 10 direct jobs for all our approved investors. One of our projects currently employs over 100 employees without assistance from the federal government.
The NYCRERC has seen much success and has kept up with the job creation policies for the EB-5 program and continues to stimulate the economy by assisting current and potential investors.
The data released by the New York City Tourism Bureau indicates that the number of tourists in NYC reached 50 million people in 2011. This guarantees excellent market prospects for car service industry.
OPERR Technologies, Inc. is the latest EB-5 project company by NYCRERC. It combines patented technology with data it acquired from a previous successful project. The Project will use EB-5 investment funds to support the development and commercialization of transportation software.
OPERR Technologies Inc., has been granted a Dispatch Service Provider (DSP) license on October 12, 2016. OPERR® is now able to offer its on-demand transportation services within the New York City area. The software offers solutions to make customers’ trips much easier, safer and affordable.
Learn about our previous successful EB-5 project that we have successfully launched. Our past project, Clean Air Car Service & Parking Corp., has to date surpassed the minimum requiremment of 10 direct jobs for all our approved investors. One of our projects currently employs over 100 employees without assistance from the federal government.Learn More