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Manhattan builders face clash with legislators over visa scheme

Developers are taking advantage of a record amount of money that's flowing through the EB-5 programme, but lawmakers are pressing for changes when it comes up for renewal by Congress in September

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At Hudson Yards, billed by developer Related as the largest private real estate project in US history, about US$600 million has been raised through EB-5.

New York

AS Related Cos' US$20 billion real estate complex rises on the far west side of Manhattan, legislators in Washington are debating the fate of a programme that has been critical to building it.

The caissons underpinning the 11-hectare Hudson Yards project, and steel beams

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