03/20/2026
550 West Chelsea Residences EB-5 Project | March 2026 Update
We are excited to share the latest progress on the 550 West Chelsea Residences EB-5 Project — a boutique luxury development along Manhattan’s Hudson River waterfront.
📌 Key Milestones
✅ EB-5 investment period commenced: January 7, 2026
✅ USCIS I-956F approval secured: January 2026
📊 Project Highlights
✅ Sales gallery expected to open: June 2026
✅ Marketing & pre-sales to follow shortly after
✅ ~50% presales anticipated prior to TCO
☀️ Market Insights
✅ Nearby luxury developments nearly sold out
✅ Limited new supply along Chelsea waterfront
✅ Strong positioning to capture continued demand
💰 Pricing Update
✅ Underwriting: ~$3,200/sq ft
✅ Current expectation: ~$3,326/sq ft
🌟 With strong market fundamentals and limited pipeline, the project is well positioned for success in one of Manhattan’s most desirable waterfront neighborhoods.
Contact us to stay updated on the project!
📧 [email protected]