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Why Does Court Square in Long Island City Matter for EB-5 Investors?

4 days ago
3 min read

Updated: 2 days ago

iCross × ARCFE New York EB-5 investment insights banner

Short answer: Court Square is a connected neighborhood in Long Island City, Queens, across the East River from Manhattan. Its subway access, residential and commercial activity, cultural amenities and public-space planning make it a notable setting for New York real estate-backed EB-5 developments.


For investors considering an EB-5 project in New York City, understanding the surrounding neighborhood is part of evaluating the underlying real estate.


Court Square: A Connected Long Island City Neighborhood


Court Square is in western Queens, with connections to Manhattan, Brooklyn and other parts of New York City.


The neighborhood is served by the E, M, G and 7 subway lines. The MTA subway map shows Court Square as a transfer point in Long Island City.


For a residential development, transit access is one factor investors can examine when assessing the location and potential appeal to future residents.


An Established Residential and Cultural District


Court Square combines residential buildings, offices, local businesses and cultural destinations within a compact urban neighborhood.


One of its best-known landmarks is MoMA PS1, a contemporary art institution at 22-25 Jackson Avenue. Restaurants, retail and public spaces across Long Island City add to the broader neighborhood's mix of activity.


Residential and retail streetscape in Long Island City, Queens

Long Island City neighborhood streetscape. Image: ARCFE media library.


These established amenities provide context for how residents may experience the area, alongside a project's own design, pricing and execution.


Interested in a New York real estate-backed EB-5 opportunity? Explore ARCFE Group 21 — Skyline Tower II.


Continued Public Planning in Long Island City


New York City continues to plan improvements to Long Island City's infrastructure and public spaces.


In March 2026, the New York City Department of Transportation presented a Court Square proposal addressing pedestrian space, crossings, sidewalks and related infrastructure. The presentation describes a project in design; its estimated construction timeline is subject to change.


The broader area is also part of the OneLIC Neighborhood Plan, approved by the New York City Council on November 12, 2025. The Council described commitments concerning transportation, schools, parks and other community infrastructure.


Investors can review the New York City Council's OneLIC announcement for the adopted plan and its stated commitments. Planned improvements should be evaluated as plans rather than completed amenities.


ARCFE Group 21: An EB-5 Development in Court Square


ARCFE Group 21 — Skyline Tower II is a condominium development in Long Island City's Court Square area involving United Construction & Development Group.


Architectural rendering of Skyline Tower II condominium development in Long Island City for ARCFE Group 21

Skyline Tower II architectural rendering. Image: ARCFE project materials; proposed appearance may change.


The developer's portfolio includes the original Skyline Tower, a residential development in Queens. ARCFE was founded by iCross Capital, a New York City real estate credit institution with nearly 20 years of local market experience.


That lending background informs ARCFE's evaluation of project location, developer experience, financing structure and local market fundamentals. Group 21 reflects ARCFE's focus on New York City real estate and familiarity with Long Island City.



What Should EB-5 Investors Take Away?


Court Square's transportation connections, established amenities and continued public planning provide useful context for understanding the neighborhood's real estate environment.


Location should be assessed together with the developer, construction budget, financing commitments, investment structure and repayment assumptions. ARCFE's guide to sources and uses of funds explains how to read a development funding plan.


ARCFE combines EB-5 experience with local real estate financing expertise when evaluating opportunities in New York City's established neighborhoods.


Explore ARCFE Group 21 and request current project materials to assess Skyline Tower II in the context of your investment goals.


Disclaimer: This article is for informational purposes only and does not constitute immigration, legal, tax or investment advice. EB-5 investments involve risk, including possible loss of principal. Public plans and neighborhood characteristics do not guarantee project performance or repayment. Review the applicable offering documents and consult independent advisers before investing.



Explore Current New York Real Estate-Backed EB-5 Opportunities


Architectural rendering of Skyline Tower II for ARCFE Group 21 in Long Island City
Skyline Tower II architectural rendering in Long Island City.
ARCFE Group 17 1CPS Tower EB-5 project in Flushing, New York
First-lien senior construction financing alongside Ponce Bank.

Considering EB-5 for Your Family?



Speak with an iCross × ARCFE EB-5 specialist to discuss your immigration goals, timeline, and available investment opportunities.



Related ARCFE Resources


See how a construction funding plan helps investors assess a project's financing.

Understand how financing position and repayment priority affect risk.


iCross × ARCFE contact banner showing www.ARCFE.com, +1 (212) 889-5333, info@arcfe.com, and 28-16 42nd Road, 2nd Floor, Long Island City, NY 11101.

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