Mr. Paul Levinsohn, a founder of the NYCRC

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Mr. Paul Levinsohn, a founder of the New York City Regional Center explained that his regional center encompasses all of Manhattan, Brooklyn, Queens, and the Bronx. Foreign investments are made in Targeted Employment Areas which are areas of high unemployment. “Since our approval in 2008, the NYCRC is working to help fund a number of large public/private real estate projects that are creating much needed construction jobs in areas such as downtown Brooklyn and the Bronx,” noted Mr. Levinsohn. Levinsohn went on to note that the NYCRC is overseen by the United States Citizenship Immigration Services (“USCIS”), a division of the Department of Homeland Security.