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Manhattan About the area

Manhattan continues to include limited inventory and record-breaking prices. Since recording the largest total sales in 25 years during the fourth quarter of 2012, the market continues to demand housing, particularly luxury condominiums. As of the third quarter of 2013, the average sales price of new luxury developments in Manhattan increased an unparalleled 39% to $7.7 million. 101 TriBeCa is perfectly timed to take advantage of a historic surge in demand for, and lack of supply of, new luxury condominiums within the city. Since 2005, 450 new companies have relocated to downtown manhattan.

Lower Manhattan’s population has more than doubled in the past decade. More than 60,000 people live in TriBeCa, with a median household income of $203,390.

The Tribeca area boasts:

• 85.3+ million square feet of office space
• 311,234 workers
• 651 stores and storefronts
• 436 bars and restaurants
• 1,087 establishments

The Developers 101 Tribeca

Leaving a Legacy of Growth and Success in New York City 

Fisher Brothers:  As a family-owned and multi-generational real estate investment company, Fisher Brothers is steadfast in its belief that uncompromisingly high standards are key to the partnership’s history of excellence. Having built, owned and managed more than 10 million square feet of Class A commercial space, the Fisher Brothers core portfolio of prestigious properties is evidence of this commitment. At the same time, the firm welcomes opportunities to collaborate with other major developers who share these same exacting standards. Whether as a joint venture or strategic partner, Fisher Brothers believes that prime location, high quality construction and strict attention to the needs and comforts of prominent corporate, retail and residential tenants is a winning formula.

Other New York developments in the Fisher Brothers Portfolio:

• 299 Park Avenue

Owned in partnership with Alaska Permanent Fund

The Witkoff Group:

The Witkoff Group’s continuously growing portfolio includes office and industrial properties, residential buildings, and various land and hotel development interests. The firm oversees every facet of ownership and controls all aspects of its operations, including property management, leasing, construction, maintenance and cleaning.

The Witkoff Portfolio boasts landmark Manhattan buildings such as The Woolworth Building, 10 Hanover Square and 220 East 42nd Street.

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To encourage immigration through the EB-5 category, Congress created the EB-5 Regional Center (Pilot) Program in 1990. EB-5 Regional Centers are considered to be any government approved entity, organization or agency, which focuses on a specific geographical area of the United States and that seeks to promote economic growth, increased regional productivity, job creation and domestic capital investment. The basic requirements for an EB-5 visa are: 1. The foreign applicant must independently establish a business OR invest into an existing business which was created or restructured after 19 November 1990; 2. The foreign investor is required to invest USD$1,000,000 into the aforementioned business ( or USD$500,000 when investing into a USCIS designated regional center); 3. The investment must create at least 10 Full-time jobs for legal U.S. residents or citizens. This website is intended for general information purposes only. All financial information and projections, as well as square footages are rounded numbers and should not be relied upon for exact statistics. This does not represent an offer or solicitation to buy or sell any security. Investments are available only to qualified investors via a confidential offering memorandum. Only the Regional Center webpage and materials can be relied upon and considered 100% accurate and lawful.