Your Pathway to New Beginning
ARCFE Group 16
Astoria Rowan II
I-956F Approved.
Astoria Rowan II
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Total building area of 104,000 sq.ft, including 18,000 sq.ft of commercial space.
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A 7-story mixed-use building comprising 86 luxury condominiums and 35 indoor parking spaces;
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Amenities include an indoor swimming pool, gym, sauna, golf simulator, business lounge, and rooftop terrace;
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Expected delivery date: June 2027;
Located in Astoria, Queens, close to Manhattan, within a well-equipped and peaceful community amid a bustling urban center.
Qualified for TEA
Short investment term
Construction has already commenced.
HIGH DEMAND, LOW SUPPLY
PRIME LOCATION
Just 15 minutes from Manhattan, Astoria is a treasured neighborhood—where Mediterranean charm meets the vibrant pulse of modern urban life. It is one of the most distinctive and rapidly developing areas in Queens.
Once home to New York’s earliest immigrant communities, Astoria still proudly preserves its rich Greek heritage, culinary traditions, and strong sense of community. At the same time, a new wave of young professionals has infused the area with fresh energy—cafés, art spaces, upscale grocery stores, and new residential developments are on the rise, making Astoria a top destination for those seeking “lifestyle-driven real estate.”
30
Investors
380
Jobs to be created
$24M
EB-5 CAPITAL
Vibrant and unique modern architecture against the backdrop of old-school New York.
ASTORIA
Astoria, nestled in the borough of Queens, New York City, pulsates with a vibrant cultural mosaic. Its tree-lined streets are adorned with historic buildings, welcoming cafes, and diverse eateries reflecting its rich immigrant heritage. Astoria's waterfront offers breathtaking views of the Manhattan skyline, drawing both locals and tourists alike. The neighborhood thrives with artistic flair, boasting galleries, theaters, and music venues. With its close-knit community spirit and bustling energy, Astoria embodies the quintessential New York experience, where old-world charm meets modern dynamism, making it an irresistible destination for exploration and immersion.
Developers
SUCCESSFUL PROJECTS
PREMIER DEVELOPER IN THE NYC AREA
FBL DEVELOPMENT
FBL Development was founded in 2016 by Steven Shi and Yong Chen and is headquartered in the vibrant Queens borough of New York. It is a pioneering force in the local real estate industry, specializing in providing modern, affordable housing options. The company has quickly gained market recognition for its commitment to quality and innovation.
FBL Development aims to redefine urban living by delivering residences that combine modern design, functional practicality, and affordability. Their projects stand out for their elegant architectural style, advanced amenities, and meticulous attention to detail.
With a strong focus on meeting the needs of diverse communities, FBL Development has established a solid reputation as a trusted brand, shaping Queens’ skyline while making high-quality housing accessible to many.
THE TEAM BEHIND THE LEGAL PACKAGE
LEADING TEAM OF PROFESSIONALS
Economist
(TEA letters & Economic Report)
Baker Tilly US, LLP is an advisory CPA firm, currently ranks among top 10 largest CPA firms in the U.S. The firm has over 6,500 team members across 61 local and 13 overseas offices. Baker Tilly US, LLP is the largest member firm of Baker Tilly International, the world's 10th largest network of accounting & business services firms.
Immigration Attorney
Mr. Han Jun Li, Esq. is an immigration attorney with over 10 years of experience in the EB-5 industry. Mr. Li has successfully assist both Regional Centers in their designation and project filings, as well as EB-5 investors from China, Hong Kong, Taiwan, Vietnam and India to file their EB-5 petitions. Up to date, Mr. Li has 100% approval rate on the EB-5 project package he has filed.
Who We Are
Over 10 Years of Experience
Award-Winning Regional Center
ARCFE is an award-winning EB-5 regional center with over 10 years of experience in real estate financing. We were first designated by the USCIS in 2013 and are redesignated under the new law in 2022. Our team consists of professionals in the immigration, real estate and financial industries, including team members who are CFA and CPA.
Our team works diligently to explore opportunities to provide investors with the best EB-5 projects and flexible investment solutions to meet investors' needs. ARCFE investors who filed concurrently for Adjustment of Status in the U.S. have successfully obtained their EAD card and Advance Parole within just 4-8 months of filing.
