eb-5 opportunity€¦ · the information contained in this brochure is in a presentation format ......

EB-5 OPPORTUNITY

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This brochure is provided for informational and discussion purposes only and

should not be relied upon or otherwise used in any manner by the recipient.

This brochure is not part of, and should not be construed as part of,

any offer to sell or any solicitation of an offer to buy any limited liability

company or other interest in LSG 105 West 28th Fund LLC, a Delaware

limited liability company (the “Company”). Such an offer can only be made

through the delivery of a private placement memorandum for the Company

when and as such private placement memorandum may be furnished.

The securities to be offered in connection with the private placement

memorandum will not be registered under the Securities Act of 1933,

as amended (the “Securities Act”), or registered or qualified under the

securities laws of any state. Further, such securities will not be permitted to

be offered or sold in the United States or to “U.S. Persons” (as such terms

defined in Regulation S. Promulgated under the Securities Act) unless the

securities are registered under the Securities Act, or an exemption from

registration requirements of the Securities Act is available. Each investor

should consult their personal accountant and other advisers as to the tax,

economic and other consequences of the proposed investment described

in the projections and its suitability for the potential investor.

The information contained in this brochure is in a presentation format

and therefore is quite limited in its scope and not meant to provide

comprehensive descriptions or discussions of the topics mentioned herein.

No warranty is given as to the completeness or accuracy of the information

contained in this brochure and the views and opinions expressed in this

brochure are subject to change without notice. In displaying or furnishing

this brochure, the Company reserves the right to supplement, amend or

replace the information contained in this brochure at any time, but has

no obligation to provide the recipient with any supplemental, amended,

replacement or additional information.

The contents of this brochure are confidential and are not to be

reproduced, copied, transferred or communicated to any third party,

without the prior written consent of the Company. This brochure contains

forward-looking statements within the meaning of the federal securities

laws. These forward-looking statements are not historical facts, but

rather are based on current expectations, estimates, projections,

beliefs and assumptions about our business and industry. Words such

as “ anticipates,” “expects,” “intends,” “plans,” “believes,” “seeks,”

“estimates,” “should,” “targets,” “projects,” “forecasts,” and variations

of these words and similar expressions are used to identify forward-

looking statements. These statements are not guarantees of future

performance and are subject to certain risks, uncertainties and other

factors, some of which are beyond our control and are difficult to predict.

If any of these risks, uncertainties or other factors materialize, or if any

of our underlying assumptions are incorrect, our actual results may

differ materially from those expressed or forecasted. These risks and

uncertainties include those described in “Risk Factors” section of the

private placement memorandum of LSG 105 West 28th Fund LLC. You

should not place undue reliance on these forward-looking statements,

which reflect management’s view only on the date of this brochure.

Lightstone and Lightstone Investments undertakes no obligation to

update these statements or to report the result of any revision to the

forward-looking statements that Lightstone or any other person or entity

may make to reflect on circumstances after the date of this brochure

or to reflect the occurrence of any events that may affect any of these

forward-looking statements.

A U.S. EB-5IMMIGRATION INVESTMENT

ADMINISTRATIVE FEE $55,000

INVESTMENT AMOUNT

$500,000EB-5 LOAN MATURITY*

03.01.2022

* Developer has the right to extend the date under certain conditions.

EMPIRE STATE MARRIOTT L I B E R T Y G A R D E N S V

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TABLE OF CONTENTS

PROJECT SUMMARY 08

LIGHTSTONE 12

EB-5 TRACK RECORD 23

EMPIRE STATE MARRIOTT 29

OUR PARTNERS 47

PROJECT DOCUMENTS 53

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GRAND OPENINGFALL 2018

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PROJECT TYPE AND LOCATION Empire State Marriott (ESM), a 350-room hotel development located

at 105-109 West 28th Street, Manhattan, just blocks away from the Empire State Building

PROJECT STATUS Grand opening expected October 2018

PROJECT DEVELOPER Lightstone Group, one of the largest privately held

real estate companies in the USA

BUILDING SIZE 145,000 SF (13,471 sm), 37-stories

HOTEL AMENITIES

The restaurant and rooftop bar will be operated by TAO group, one of the most profitable restaurant groups in the United States

INITIAL MARRIOTT INVESTMENT Marriott International funded, 17% ($32M) at the start of the project.

ALL FINANCING IN PLACE The Senior Loan and Bridge Loan have been secured

I-526 DENIAL RETURN OF FUNDS GUARANTY Personal guarantee from CEO of Lightstone for return of funds in the event of an I-526 denial

THIRD-PARTY AUDITOR* The flow of EB-5 funds to the Empire State Marriott Project will be audited by a

CPA licensed firm that will confirm to the investors the funds are being used in accordance with the Loan Agreement and offering documents

STRONG JOB BUFFER 17.6 Jobs/Investors

COMPLETION GUARANTY

Lightstone has guaranteed the completion of the project

INITIAL MATURITY DATE OF LOAN** March 1, 2022

*The Auditor has been engaged only by the Fund and his obligations are to that company alone. **Developer has the right to extend the date under certain conditions.

INVESTMENT FEATURESHOTEL FEATURES

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FINANCING STRUCTURE

GRAND OPENING OCTOBER 2018Total development timeline is estimated to be 38 months.

STRONG JOB CREATION*

Job creation by Scott Barnhart, PHD using IMPLAN methodology

TIMELINE

*Issuer has right to increase offering to $63 Million as indicated in offering materials.

*Job creation shown for $63 Million. Issuer has right to increase offering to $63 Million as indicated in offering materials.

ALL FINANCING IN PLACELightstone has closed on all financing commitments.

EB-5 LOAN*

$63 MILLION

LIGHTSTONE FUNDING

$32 MILLION

SENIOR LOAN

$93 MILLION

SITE PURCHASED

JULY 2014

DEMOLITION

MARCH 2016CONSTRUCTION

NOVEMBER 2016EB-5 LOAN MATURITY DATE

MARCH 2022

GROUNDBREAKING

JULY 2016GRAND OPENING

OCTOBER 2018

17.6 JOBS PER INVESTOR

2,223 PROJECTED JOBS CREATED

1,260 JOBS REQUIRED

126 INVESTORS

50%

33%

17%

TOTAL BUDGET

$188 MILLION

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LIGHTSTONE

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LIGHTSTONE IS ONE OF THE LARGEST PRIVATELY HELD REAL ESTATE COMPANIES IN THE USA WITH $6 BILLION IN ASSETS UNDER MANAGEMENT AND DEVELOPMENT.

LIGHTSTONE IS HEADQUARTERED IN NYC AND HAS HOLDINGS IN 28 STATES

3,929HOTEL KEYS

560,000SQUARE METERS RETAIL/INDUSTRIAL PROPERTIES

15,276RESIDENTIAL UNITS

12,000LAND LOTS

NEW DEVELOPMENT STATE KEYS

1 Empire State Marriott NY 350

2 Marriott at NYU NY 285

3 Marriott Miami Beach FL 202

4 Downtown Los Angeles Marriott LA 744

MARRIOTT STATE KEYS

5 Moxy NYC Times Square NY 612

6 Residence Inn Needham MA 132

7 Courtyard Paso Robles CA 130

8 Courtyard Providence Warwick RI 92

9 Springhill Suites Green Bay WI 127

10 Fairfield Inn & Suites Austin NW TX 84

11Courtyard Durham near Duke University/Downtown

NC 146

12 Aloft Tucson University AZ 154

13 Aloft Philadelphia Airport PA 136

14 Four Point Points Philadelphia Airport PA 177

15 TownePlace Suites Little Rock West AR 92

16 Springhill Suites Boston Peabody MA 164

17 Fairfield Inn & Suites West Des Moines IA 102

18 Springhill Suites Des Moines West IA 97

19 Courtyard Cleveland Willoughby OH 90

20 Fairfield Inn East Rutherford Meadowlands NJ 141

21 Courtyard Parsippany NJ 151

HILTON STATE KEYS

22 Hampton Inn & Suites Lansing West MI 86

23 Hampton Suites Salt Lake City South Jordan UT 125

24 Hampton Suites Tukwila/Seattle Aiport WA 139

25 Hampton Inn Des Moines Airport IA 120

26 Hampton Inn Miami-Airport West FL 126

27 Hampton Inn & Suites FL Airport/S. Cruise Port FL 104

INTER CONTINENTAL HOTELS GROUP STATE KEYS

28 Holiday Inn Staybridge Suites Austin TX 80

29 Holiday Inn Express Opelika/Auburn AL 87

30 Holiday Inn Express Auburn University Area AL 82

HYATT STATE KEYS

31 Hyatt Place NOLA Convention Center LA 170

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LIGHTSTONE OWNS OVER 15,000 APARTMENTS NATIONWIDE

PROPERTY NAME STATE UNITS

LAFAYETTE SQUARE AL 675

PINE BEND & HAMPTONS AL 452

BEL AIR AL 201

THE COVE CA 283

CYPRESS COURT ASSOCIATES FL 68

LAKES OF MARGATE FL 280

RIVER CLUB AND RIVER WALK GA 361

EAGLE CREEK IL 346

CAROL STREAM CROSSING IL 669

FLATS AT FISHERS IN 306

BERGEN CIRCLE APARTMENTS MA 202

BELFORD TOWERS MD 467

REISTERSTOWN SQUARE APARTMENTS MD 493

CANTERBURY SQUARE MI 336

CHARTER SQUARE MI 492

CHERRY HILL VILLAGE MI 224

GREENTREES MI 288

HAMPTON COURT APARTMENTS MI 182

OAK PARK MI 298

SPRINGWELLS PARK MI 303


STEPHENSON HOUSE MI 128

THE LAKES APARTMENTS MI 434

DEERFIELD WOODS APARTMENTS MI 144

FORDHAM GREEN MI 146

KINGSLEY MI 328

SOUTHPOINTE SQUARE MI 224

WOODLAND GARDENS MI 337

SPICETREE APARTMENTS MI 551

801 MADISON NJ 46

LAKEWOOD PLAZA NJ 98

CHELSEA VILLAGE NJ 261

ASPEN HAMILTON APARTMENTS NJ 69

MILL POND TOWERS ASSOCIATES NJ 128

BURRSTONE ASSOCIATES NY 101

MIDTOWN ASSOCIATES NY 100

1026 WOODYCREST NY 36

917 OGDEN NY 36

GRAND PORTFOLIO NY 106

2588-92 CRESTON NY 50

1072 WOODYCREST NY 49


1011 CARROLL NY 57

DAVIDSON PORTFOLIO NY 118

831 BARTHHOLDI NY 122

105 E 177TH NY 47

2151 DAVIDSON AVE NY 50

3520 DEKALB AVE NY 49

GANTRY PARK LANDING NY 199

ARC NY 430

365 BOND ST. NY 430

BAY TOWERS APARTMENTS NY 377

BENNETT MANOR NY 108

CURTIS APARTMENT ASSOCIATES NY 108

LAKESIDE VILLAGE ASSOCIATES NY 64

22 EXCHANGE OH 142

PLAZA VILLAGE APARTMENTS PA 114

ARBORS AT HARBOR TOWN TN 345

PARKSIDE APARTMENTS TX 240

AUGUSTA FARMS VA 50

BENT CREEK PHASE I VA 120

BENT CREEK PHASE II VA 60


BENT TREE APARTMENTS VA 148

BRIDLE CREEK APARTMENTS VA 132

BROOKSIDE NORTH VA 144

CAMELOT VILLAGE VA 111

DEER RUN VA 144

THE KNOB VA 29

QUADRANGLE VA 100

RIDGEWOOD VILLAGE VA 120

CHRISTIANSBURG BLUFF VA 120

MILL WOODS VA 128

NORTHHAMPTON APARTMENTS VA 50

NORTHCROSS TOWNHOMES VA 99

PURDUM WOODS APARTMENTS VA 180

RAIN TREE VILLAGE VA 120

WASHINGTON SQUARE VA 120

TOTAL APARTMENTS 15,276

TOTAL PROPERTIES 84

OVER $1.6 BILLION INVESTED BY MORE THAN 18,000 INVESTORS IN REAL ESTATE INVESTMENT

FUNDS MANAGED BY LIGHTSTONE

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BILLIONAIRES 2018

LIGHTSTONE CEO AND FOUNDER

DAVID LICHTENSTEIN

PRESIDENT GEORGE W. BUSH AND DAVID LICHTENSTEIN AT A PRIVATE DINNER

PRESIDENT BILL CLINTON AND DAVID LICHTENSTEIN AT A PRIVATE DINNER

VICE PRESIDENT JOSEPH BIDEN AND DAVID LICHTENSTEIN AT A PRIVATE DINNER

DEVELOPMENT OF THE YEAR 2017

LIGHTSTONE WAS AWARDED THE DEVELOPMENT OF THE YEAR FOR 2017 BY THE AMERICAS LODGING INVESTMENT SUMMIT

FOR THE MARRIOTT MOXY TIMES SQUARE.

LIGHTSTONE CEO AND FOUNDER DAVID LICHTENSTEIN

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David Lichtenstein is Chairman and CEO of Lightstone, which he founded in 1988. He is responsible for directing all aspects of the acquisition, financing and management of the company’s diverse portfolio. Mr. Lichtenstein was appointed by New York City Mayor Bill de Blasio to the NYC Economic Development Corporation’s Board of Directors. The NYCEDC is New York City’s primary economic development vehicle. Mr. Lichtenstein is a founder of the Friendship House, an organization that provides housing for families of sick children and adults in the Greater New York City area.

DAVID LICHTENSTEINCHAIRMAN & CEO

Mitchell C. Hochberg is President and COO of Lightstone. He has over 30 years of experience in real estate development and operations, including the residential, hospitality and commercial sectors. He founded and for 20 years served as the Chief Executive Officer of Spectrum Communities, a premier residential developer in the United States. Thereafter, he served as President of Ian Schrager Company, a developer of innovative luxury hotels and residential projects in the United States. Mr. Hochberg serves on the Board of Directors of Belmond Ltd. (NYSE: BEL; formerly Orient-Express Hotels Ltd.)

Mr. Hochberg received his law degree as a Harlan Fiske Stone Scholar from Columbia University School of Law. He is a Certified Public Accountant and graduated magna cum laude from New York University with a Bachelor of Science degree in accounting and finance.

MITCHELL C. HOCHBERGPRESIDENT

Jonathan Rabinow is Chief Investment Officer of Lightstone Investments. Prior to joining Lightstone, Mr. Rabinow served as Managing Director of Argent Ventures. Previously he was Head of Investments at RXR Realty, where he led a team who invested in over $5 billion of assets. He also served as Vice President of a Warburg Pincus real estate investment fund. He was the Treasurer of Sirius Satellite Radio where he managed the company’s capital markets activities including a recapitalization of the company with Blackstone and Apollo Global Management.

Mr. Rabinow holds a B.A. in Economics from the University of Pennsylvania and an M.B.A. from The Wharton School of the University of Pennsylvania.

JONATHAN RABINOWCHIEF INVESTMENT OFFICERLIGHTSTONE INVESTMENTS

Christopher Baxter is the Senior Vice President of Hospitality at Lightstone Group. He is responsible for all aspects of hospitality development from the initial due diligence to a successful hotel opening. Prior to joining Lightstone, Mr. Baxter was a Senior Vice President responsible for program and project management services for Faithful+Gould, a leading global project management consultancy. Mr. Baxter has worked with the majority of major hotel flags and a significant cross section of hospitality owners in the US. Most recently in New York, Mr. Baxter is responsible for the development of the former Metlife Clocktower at Madison Square Park to an Edition brand hotel, the lifestyle brand hotel conceived by Ian Schrager in partnership with Marriott.

Mr. Baxter is a graduate of the State University of New York, Buffalo, NY, receiving a Bachelors of Science in Architecture and a Bachelors of Art in Design.

CHRIS BAXTERSENIOR VICE PRESIDENT HOSPITALITY

D. Oliver Martineau is the Head of Asia - Capital Markets for Lightstone Investments. Prior to joining Lightstone, he was the Director of Projects for Minqiang Group, a leading developer in the US and China. Previously he was a founding partner of Au Group, a Beijing-based real estate and EB-5 consulting firm whose clients included three of the largest real estate brokerages in China. Overall, he has helped to facilitate the raising of over $300 million of EB-5 capital over the last 7 years. Mr. Martineau is based in Shanghai, China. He is fluent in English, French and Mandarin.

Mr. Martineau holds a Bachelor of Arts in Economics from Vanderbilt University.

D. OLIVER MARTINEAUHEAD OF ASIA CAPITAL MARKETSLIGHTSTONE INVESTMENTS

GOLDI CHAWLAMANAGING DIRECTOR ASIA CAPITAL MARKETS LIGHTSTONE INVESTMENTS

Goldi Chawla is the Managing Director and Head of Asia Capital Markets for India and the Middle East. Prior to joining Lightstone, he worked with Deutsche Bank in India as Vice President in the Private Wealth Management Division where he managed the debt, equity and alternate investment mandates from large family offices. Previously, he was with HSBC performing similar functions. With over 18 years of experience, Mr. Chawla has in-depth knowledge of various asset classes in the financial sector. Mr. Chawla is based in Mumbai, India. He is fluent in English, Hindi, Punjabi and Gujarati. Mr. Chawla holds an M.B.A. degree from NIM, Ahmedabad and a Bachelors degree in Management from DAVV.

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Subscription Guaranty David Lichtenstein, or an entity controlled by Mr. Lichtenstein, will sign a guaranty (the “Subscription Guaranty”), for the benefit of each Investor under which the Guarantor will agree that, if the Borrower has received an advance from the Investor’s Commitment, the Guarantor will directly repay the Investor’s full $500,000 Commitment directly to the account designated by the Investor within 30 business days of receipt of written notice from USCIS that (i) the Investor’s I-526 Petition has been denied by the USCIS, or (ii) in the event of certain legislative or regulatory changes, the Investor’s I-526 petition was withdrawn. See Transfers, Expulsion and Withdrawals; Denial of I-526 Petition; Changes to EB-5 Program below. Additional guaranties with respect to such Investor’s Commitment may be provided by the Guarantor; provided, however, that no guaranty of an Investor’s Commitment or return on investment will be, nor can be, offered or provided after an Investor has received approval of his or her Form I-485 or received an EB-5 immigrant visa, as applicable, nor will the Fund allow any Investor to withdraw if that Investor has received approval of his or her Form I-485 or received an EB-5 immigrant visa. See Side Letters below.

Completion Guaranty In connection with the Senior Loans, the Guarantor expects to sign a completion guaranty (“Completion Guaranty”) for the benefit of the Fund, as lender, under which the Guarantor will agree to guaranty the completion of the Project, and payment of certain project and construction costs (the “Guaranteed Obligations”) provided, however, that in no event shall the liability of Guarantor for the Guaranteed Obligations exceed (A) the outstanding principal balance of the Loan that is due on the Extended Maturity Date, less the sum of (B) any amounts available to the Fund following a realization upon the collateral secured by the Pledge (as defined below) and (C) any amounts paid to the Fund by Guarantor pursuant to the Subscription Guaranty. Guarantor will not be liable for any other amounts due, debts, liabilities, or payment obligations owed or that become due and owing by Borrower to the Fund in connection with the Loan. The rights of the Fund under the Completion Guaranty may not be exercised until the Fund has reasonably sought to exercise all rights and remedies available pursuant to the Loan Agreement for a period of eighteen (18) months from the Extended Maturity Date.

MANAGEMENT TEAM TRACK RECORD LIGHTSTONE ENTERPRISES LIMITED HAS ACHIEVED

A HIGH GRADE CREDIT RATING OF A+ AND A1, FROM STANDARD & POORS AND MOODY’S, FOR 2014–2018 .

Lightstone Enterprises Limited is an affiliate of Lightstone. It has no obligation with respect to this offering. S&P and Moody’s are leading, independent credit rating firms that

evaluate the ability of companies to meet their financial commitments.

THE FOLLOWING CHART SHOWS THE RATING STRUCTURES AND DEFINITIONS USED BY S&P AND MOODY’S WHEN ISSUING A RATING.

DEFINITIONSRATING

AAA AaaThe highest level of capacity of the obligor to honor its financial commitment on the obligation.

AA ( + - ) Aa ( 1 - 3 ) A very high level of capacity to honor its financial Commitment on the obligation.

A + A 1 A high level of capacity to honor the financial commitment on the obligation.

BBB ( + - ) Baa ( 1 - 3 )An adequate level of capacity to honor its financial commitment on the obligation. However, this capacity is more likely to diminish in the future than in the cases of the higher rating categories.

BB ( + - ) Ba ( 1 - 3 )Although the level of capacity to honor its financial commitment on the obligation is not considered problematic at present, this capacity may not persist in the future.

B ( + - ) B ( 1 - 3 )A low level of capacity to honor its financial commitment on the obligation giving cause for concern.

CCC ( + - ) Caa ( 1 - 3 )There are factors of uncertainty that the financial commitment on the obligation will be honored, and the possibility of default.

CC Ca A high default risk.

C Ca A very high default risk.

D C In default.

Legal Disclaimer: Lightstone Enterprises Limited neither guarantees nor provides any collateral for any of the obligations of the entities that will be responsible for repaying EB-5 investors; that investment will depend entirely on the success of the Empire State Marriott, which is subject to various risks.

LIGHTSTONE ENTERPRISES

LIMITED

LOW QUALITYHIGH RISK

HIGH QUALITYLOW RISK

LIGHTSTONE EB-5 TRACK RECORDOVER 700 INVESTORS ACROSS 6 SUCCESSFUL NEW YORK PROJECTS

I-526 APPROVAL

AUDITOR

The flow of EB-5 funds to the Project will be audited by a CPA licensed firm.

STRONG GUARANTEES

I-924 APPROVAL

Lightstone guarantees the completion of all of its projects. David Lichtenstein guarantees the return of funds to each investor if his I-526 petition is denied.

Lightstone has received I-526 approvals on many of its projects.

Lightstone has received I-924 approvals on prior projects

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365 BOND STREET NEW YORK CITY, NY

120EB-5 INVESTORS

CONSTRUCTION

COMPLETE$60,000,000

EB-5 RAISED

I-924 & I-526APPROVED

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ARC NEW YORK CITY, NY

428APARTMENTS

100EB-5 INVESTORS

CONSTRUCTION

COMPLETE$50,000,000

EB-5 RAISED


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WALL STREET TOWER NEW YORK CITY, NY

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MARRIOTT MOXY TIMES SQUARE NEW YORK CITY, NY

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200EB-5 INVESTORS

$100,000,000EB-5 RAISED


228CONDOMINIUMS

CONSTRUCTION

MAY 2020I-924 & I-526

APPROVED

140EB-5 INVESTORS

$70,000,000EB-5 RAISED

612ROOMS

CONSTRUCTION

COMPLETE

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EMPIRE STATE MARRIOTT

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EMPIRE STATE MARRIOTT HOTELMIDTOWN MANHATTAN, NEW YORK CITY, NY

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AMENITIESGYM, RESTAURANT, CAFE, ROOFTOP BAR & LOUNGE

145,000 SF(13,471 SM)

37STORIES

350KEYS

CONSTRUCTION

OCTOBER 2018

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THE TOP GLOBAL LODGING COMPANYMarriott is the largest hotel company in the world with 1.2 million rooms

across over 6,000 hotels in over 120 countries.*

THE HOTEL INDUSTRY’S MOST ADMIRED AND LARGEST LOYALTY PROGRAM WITH OVER 100 MILLIONS MEMBERS.

LUXURY

LIFESTYLE

SIGNATURE/ FULL SERVICE

EXTENDED STAY

MODERN ESSENTIALS

* Marriott has not reviewed, endorsed or ratified the Offering or the information contained within this Memorandum.

PREMIER RESTAURANT & BAR OPERATORThe restaurant and bars at Marriott at New York University will be operated by TAO Group,

one of the most profitable restaurant operators with 32 venues across the world.

TAO OPERATES FIVE OF THE TOP FIFTEEN MOST PROFITABLE RESTAURANTS IN THE US.

RANK RESTAURANT LOCATION REVENUE

1 Tao Las Vegas Las Vegas $42,470,345

2 Joe’s Stone Crab Miami Beach $37,243,159

3 Tao Downtown New York $33,401,819

4 Carmine’s New York $33,147,017

5 Old Ebbitt Grill Washington $32,662,051

6 The Boathouse Orlando Orlando $30,814,369

7 Lavo New York New York $26,822,655

8 Smith & Wollensky New York $25,961,337

9 Bryant Park Grill & Cafe New York $25,400,000

10 Gibsons Bar & Steakhouse Chicago $24,700,825

11 Junior’s (Times Square) New York $23,972,978

12 Vandal New York $23,680,917

13 Prime 112 Florida $23,100,000

14 Tao Uptown New York $23,089,638

15Joe’s Seafood, Prime Steak

& Stone CrabWashington $23,000,000*

* Restaurant Business EstimateSource: Restaurant Business Magazine 2017.

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MOXY IS AN ENERGETIC ALTERNATIVE TO THE TYPICAL HOTEL EXPERIENCE, WHERE

AFFORDABLE RATES DON’T MEAN SACRIFICING STYLE OR COMFORT. MOXY PROVIDES

CLEVERLY DESIGNED BEDROOMS AND IMMERSIVE SOCIAL SPACES FOR CO-WORKING

AND MINGLING. LIGHTSTONE AND TAO GROUP HAVE PARTNERED TO CREATE PREMIER

NIGHTLIFE, DINING, AND LOUNGE DESTINATIONS AT MOXY LOCATIONS.

H O T E L STHE MOXY BRAND

THE MOXY BRAND IS MARRIOTT’S MODERN LIFESTYLE CONCEPT HOTEL, A FRESH INNOVATIVE BRAND COMBINING STYLE

DESIGN AND EXCEPTIONAL SERVICE AT AN AFFORDABLE PRICE POINT

MAIN ENTRANCE AT MOXY TIMES SQUARE

UNIQUE EXPERIENCE

“Moxy pushes the envelope, so we tossed out the rulebook,’ Toni Stoeckl, Marriott’s Global Brand Leader and Vice President, told me. ‘The result has been a hotel experience like no other

– fun, edgy, playful, and all at a killer price.”

Moxy Times Square, New York

Magic Hour - Lounge

Magic Hour at Moxy Times SquareMagic Hour - Corridor

Magic Hour - Lounge

A FOCUS ON SOCIAL AREAS

“This hotel’s key selling point is that it boats the largest all-season hotel rooftop bar and lounge in New York City.”

DESIGN CENTRIC

“Moxy tapped two design-world stars to make the most of a gut renovated, historic building on 36th Street and Seventh Avenue.

The results are simply stunning.”

AFFORDABLE LUXURY

Moxy Times Square embodies everything that a modern hotel aspires to be – luxurious, fun friendly, and above all, affordable!

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THE NEIGHBORHOOD The Empire State Marriott’s central location in Midtown Manhattan is attractive to a wide

variety of guests. It is walking distance to many of New York City’s top tourist destinations. Pennsylvania Station, the city’s busiest transportation hub is only minutes away and

provides access to all destinations including Central Park, Wall Street, and Museum Row.

The central location also offers shopping at premier stores, boutiques and dining at leading five star restaurants.

SOHO

CHELSEA

GRAMERCY

EAST VILLAGE

LOWER EAST SIDE

GREENWICHVILLAGE

STUYVESANT TOWN

MURRAY HILL

NYC SUBWAY LINES

MIDTOWN EAST

UPPER EAST SIDE

TIMESSQUARE

FINANCIALDISTRICT

MANHATTANBRIDGE

BROOKLYNBRIDGE

Madison Square GardenPenn Station

Empire State Building

Rockefeller Center

Times Square

Grand Central Terminal

Flatiron BuildingChelsea Market

The High Line

30 Hudson Yards

Chrysler Building

East 20th Street

East 23rd Street

East 28th Street

West 28th Street

West 29th Street

West 30th Street

West 31th Street

West 33rd Street

West 23rd Street

West 24th Street

West 25th Street

West 26th Street

West 27th Street

West 14th Street

West 14th Street

East 34th Street

East 40th Street

East 42nd Street

East 49th Street

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PACEUNIVERSITY

BATTERYPARK

WASHINGTON SQUARE PARK

MADISONSQUARE

PARK

Bryant Park

TOMPKINS SQUARE PARK

SARA D. ROOSEVELT PARK

UNIONSQUARE

PARK

WALL STREETTOWER

ONE WORLDTRADE CENTER

NYSE

FEDERAL RESERVEBANK OF NY

5 Minutes

10 Minutes

15 Minutes

ROCKEFELLER CENTER

TIMES SQUARE

CENTRAL PARK

MADISON SQUARE GARDEN

4140

NEW YORK CITY TRAVEL & TOURISM VISITATION STATISTICS*

MANHATTAN HOTEL MARKET PERFORMANCE*

OCCU

PAN

CY R

ATE

100

20062007

20082009

20102011

20122013

20142015

20172016

80

40

60

20

90

70

30

50

10

0

* Source: Office of the New York State Comptroller

ROOM RATE IN

DOLLARS

400

500

300

100

200

0

OCCUPANCY RATE DAILY ROOM RATE

STRONG NEW YORK CITY HOTEL MARKETNew York City continues to rank as one of the most desirable destinations in the world for tourists

and business travelers with a strong and steady growth in demand over the last decade.

DEMAND DRIVERS

2010 2011 2012 2013 2014 2015 2016 2017 6 YEAR GROWTH

VISITORS (MILLIONS)

48.8 50.9 52.7 54.3 56.5 58.5 60.3 62.8 24%

VISITOR SPENDING (BILLIONS) $31.5 $34.5 $36.9 $38.8 $41.2 $42.2 $49.2

NOT BEEN RELEASED

YET56%

EMPIRE STATE BUILDING102-story Art Deco skyscraper; Empire State Building is on 5 minute walk to New York City’s top attractions. Over 3.5 million people visit every year.

MADISON SQUARE GARDEN A multi-purpose indoor arena used for sports, concerts, and entertainment. The venue has a capacity of 20,000 people and hosts approximately 320 events per year.

PENNSYLVANIA STATIONThe main intercity railroad station in New York City serves more than 650,000 passengers a day and is the busiest transportation hub in the Western Hemisphere.

TIMES SQUARE A major commercial intersection, tourist destination, and entertainment center. It is one of the world’s busiest pedestrian areas and has over 50 million visitors every year.

BROADWAYWith 41 professional theaters, total attendance is over 13 million every year with a gross revenue of over $1 billion USD.

4342

OUR PARTNERS

4544

Yabu Pushelberg, with studios in Toronto and New York, is one of the most recognized design firms

in the world and redefines how this world sees and experiences the built environment.

Attention to detail and a spirit of exploration remain hallmarks of the firm.

Stonehill & Taylor is an architecture and interior design firm with a primary focus on hospitality,

whose tradition was established in New York City in 1963. Their record is one of outstanding

professional performance. Their projects include the Plaza Hotel, St. Regis,

Essex House (JW Marriott), and Marriott Renaissance in New York City.

INTERIOR DESIGNER ARCHITECT

THE

PRIN

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NG

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ORK

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BY H

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4746

Barnhart Economic Services, LLC is an economic consulting firm specializing

in economic impact analysis, and EB-5 job creation and analysis. It has

conducted economic studies for projects with capital expenditures in excess

of $9.45 billion with accompanying gross revenues of $6.43 billion.

Magna Hospitality Group is one of the nation’s preeminent hotel investment

and management firms with over $1 billion in assets under management.

Magna owns or operates over 3,800 rooms across 19 hotels and manages

over 1,200 employees.

BARNHART ECONOMIC SERVICESPROJECT ECONOMIST

MAGNA HOSPITALITY GROUPHOTEL OPERATOR

Greenberg Traurig, LLP is the EB-5 Fund 6 counsel and legal counsel for all of

Lightstone’s other EB-5 projects. Greenberg Traurig, LLP has not been engaged to

protect the interests of prospective investors. They are responsible for completing

all EB-5 project documents, as well as the review of all investor filings. As one of

the leading law firms in the EB-5 industry, Greenberg Traurig, LLP has filed more

than 5,000 I-526, I-829 and I-924 applications. In total, Greenberg Traurig, LLP

has managed more than $10 billion worth of EB-5 projects.

GREENBERG TRAURIG LLPPROJECT LEGAL COUNSEL

The audit firm has over 25 years of experience in accounting. The auditor has

been engaged to review and audit the funding of the EB-5 fund to the project

company. The auditor will provide a report directly to the EB-5 investors on the

results of its audit. The Auditor has been engaged only by the Fund and his

obligations are to that company alone.

ISAAC GOLDSTEIN, C.P.A.AUDITOR OF EB-5 LOAN FUNDING

Lightstone New York Regional Center has successfully raised over $350 million

in EB-5 investor funds and has received multiple I-526 and I-924 approvals for

its projects.

LIGHTSTONE NY REGIONAL CENTERPROJECT REGIONAL CENTER

Granite Escrow is the neutral third-party escrow agent with nine locations in

Southern California. They have worked on more than 50 EB-5 escrows with all

transactions processed by licensed attorneys. Granite is one of the few escrow

agents certified by the Consumer Financial Protection Bureau as operating

at the highest level of organization and security. To obtain this certification,

Granite passed a specialized audit on their internal controls over security,

availability, processing integrity, confidentiality, privacy and financial reporting.

GRANITE ESCROWESCROW AGENT

4948

PROJECT DOCUMENTS

50

SENIOR LOAN AGREEMENT

TEA LETTER APPRAISAL

EB-5 DOCUMENTS

REGIONAL CENTER APPROVAL

105-109 WEST 28TH STREET, NEW YORK, NY 10001


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