A Landmark Investment Opportunity in the Heart of Times Square: VOCO Hotel Set to Redefine UpscaleHospitality

New Delhi: AC Developers, in collaboration with Atlas Hospitality and Century Regional Center, proudly announces the development of the VOCO Hotel Times Square-an iconic new 422-room upscale high-rise hotel at 711 7th Avenue and West 48th Street in Manhattan.

Marking the final hotel to be constructed in Times Square due to 2021 zoning changes, the project is on track to open in Q4 2025. This landmark development is led by a distinguished team of partners: Stephen (Chip) Weiss, Jr., Andrew B. Weiss, Vinod K. Chand, and Raj Guru. Their combined expertise spans decades in construction, development, and asset management, particularly within New York City’s competitive real estate landscape. The VOCO Hotel will feature three dynamic food and beverage venues, including an indoor/outdoor rooftop bar with unparalleled views of Times Square, operated by the famed Carnegie Diner. The project is located in a designated Targeted Employment Area (TEA),

making it an exceptional EB-5 investment opportunity. With $32.5 million in sponsor equity and up to $120 million secured in development financing, EB-5 investor capital will contribute to the final construction phase and reduce existing loan obligations. The project will create over 1,100 jobs-more than three times the number required under the EB-5 program-and is projected to reach a valuation of $280 million upon completion. Offering a strategic 5-year exit plan via refinancing, the VOCO Hotel Times Square presents not only a prime real estate opportunity in one of the world’s most visited locations, but also a powerful pathway to U.S. permanent residency through the EB-5 visa program.
For Investment Inquiries and Legal Support, Contact:
Khanna and Khanna Law Firm
Dr. Parvesh Khanna (M.Com., LL.B., Ph.D. (Hon.)) & Ashish Khanna (B.Com., LL.B.)
Advocate, Supreme Court of India
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New Delhi-110048
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Bayat Group
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