Faculty News

Scholar-in-Residence Gary Friedland offers his perspective based on joint research with Professor Jeanne Calderon on the EB-5 Immigrant Investor Program

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Excerpt from CNN -- "Gary Friedland, a scholar in residence at New York University's Stern School of Business who has studied the program, said developers have found ways to manipulate census tract data to place their projects within 'targeted employment areas,' which legally reduces the amount investors must pay -- down from $1 million to $500,000 -- to qualify for EB-5 benefits."

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