Fiscal Year

2020

Case Number

A-20029-12855

Case Status

Certified

Received Date

2020-02-05

Decision Date

2020-06-05

Refile

N

Original File Date

2020-01-01 08:34:45

Previous SWA Case Number State

Schedule A Sheepherder

N

Employer Name

HIGHPOINT PROPERTY GROUP, LLC

Employer Name Slug

highpoint-property-group-llc

Employer Address 1

64 SECOND AVENUE

Employer Address 2

2ND FLOOR

Employer City

NEW YORK

Employer City Slug

new-york

Employer State

NEW YORK

Employer State Slug

new-york

Employer Country

UNITED STATES OF AMERICA

Employer Postal Code

10003

Employer Phone

212-226-4699

Employer Number of Employees

9

Employer Year Commenced Business

2016

NAICS Code

5313

FW Ownership Interest

N

Employer Contact Name

Drew Popkin

Employer Contact Address 1

64 Second Avenue

Employer Contact Address 2

2nd Floor

Employer Contact City

New York

Employer Contact State/Province

NEW YORK

Employer Contact Country

UNITED STATES OF AMERICA

Employer Contact Postal Code

10003

Employer Contact Phone

212-226-4699

Employer Contact Email

dpopkin@highpointpg.com

Agent Attorney Name

Marcia N Needleman

Agent Attorney Firm Name

Levitt Needleman PC

Agent Attorney Phone

2127578438

Agent Attorney Address 1

145 W. 57th St

Agent Attorney Address 2

10th Floor

Agent Attorney City

New York

Agent Attorney State/Province

NEW YORK

Agent Attorney Country

UNITED STATES OF AMERICA

Agent Attorney Postal Code

10019

Agent Attorney Email

mneedleman@levittandneedleman.com

PW Track Number

P10019255056496

PW SOC Code

11-3031

PW SOC Title

Financial Managers

PW Skill Level

Level IV

PW Wage

254405.00

PW Unit of Pay

Year

PW Wage Source

OES

PW Determination Date

2020-01-16

PW Expiration Date

2020-06-30

Wage Offer From

254405.00

Wage Offer To

0.00

Average Salary

254405.00

Wage Unit of Pay

Year

Worksite Address 1

64 2nd Avenue

Worksite Address 2

Worksite City

New York

Worksite City Slug

new-york

Worksite State

NEW YORK

Worksite Postal Code

10003

Job Title

Executive Vice President - Acquisition & Finance

Job Title Slug

executive-vice-president-acquisition-finance

Minimum Education

Bachelor's

Major Field of Study

Business Administration

Required Training

N

Required Experience

N

Required Experience Months

Accept Alternative Field of Study

Y

Accept Alternative Major Field of Study

Finance, Real Estate Investment or a related field

Accept Alternative Combination

Y

Accept Alternative Combination Education

Master's

Accept Alternative Combination Education Years

3

Accept Foreign Education

Y

Accept Alternative Occupation

Y

Accept Alternative Occupation Months

60

Accept Alternative Job Title

Real Estate Investment Analysis position see H.14

Job Opportunity Requirements Normal

N

Foreign Language Required

N

Specific Skills

Requirements must possess a Masters degree in Business Administration, Finance, Real Estate Investment or a related field, and three years of experience in real estate investment analysis. Alternatively, will accept a Bachelors degree in Business Administration, Finance, Real Estate Investment or a related field and five years of experience in real estate investment analysis. Experience must include three years of performing real estate investment analysis and supporting the structuring and execution of at least 25 transactions by underwriting, analyzing capital structure, and assisting in the sourcing and raising of debt and equity, specifically with respect to residential real estate transactions valued at a minimum of 250 million.br br Qualifications of the foreign national As detailed in Section J Alien Information, the foreign national, Mr. Zhao, possesses a Master of Science degree in Real Estate with concentrations in Finance Investment from New York University School of Professional Studies 2015. In addition, he possesses in excess of three years of experience in real estate investment analysis. This experience also includes three years performing real estate investment analysis and supporting the structuring and execution of at least 25 transactions by underwriting, analyzing capital structure, and assisting inbr the sourcing and raising of debt and equity, specifically with respect to residential real estate transactions valued at a minimum of 250 million. Specifically, Mr. Zhao was employed with Naftali Group LLC as an Analyst within the Acquisition Development division from June 15, 2015 to July 27, 2016. Moreover, from August 1, 2016 to the present, he has been employed as an Acquisition Finance Analyst with Highpoint Property Group LLC. See Section K for additional details.br br Please note that the position of EVP Acquisition Finance is not substantially comparable to the position of Acquisitions Finance Analyst, as the positions require the performance of different job duties more than 50 of the time. As evidenced by the positions descriptions, there is little overlap in job duties. As an Acquisitions Finance Analyst, Mr. Zhao conducted research and financial analysis, which was used by senior managers to make investment decisions. He analyzed the capital structure of real estate acquisitions and performed lowlevel administrative duties by coordinatingbr various functions of transactions, such as underwriting and closing processes, and performing research to source and raise debt and equity. This involved performing financial analysis using excel, collecting due diligence materials and preparing closing statements. Moreover, he drafted Letters of Intent and Business Terms for purchases and sales agreements. Within the real estate development industry, this is a supporting role which does not bear any responsibility for the success of investments, and does not involve negotiation with others in the real estate development process. The job opportunity EVP Acquisition Finance involves a much greater degree of responsibility. The EVP Acquisition and Finance is responsible for leveraging their personal and professional network to actively source and identify potential strategic commercial real estate investment trends and opportunities, and is also directly involved in decisionmaking and committing the companys resources to various investments. In contrast, the AF Analyst bears no responsibility for sourcing investment opportunities; they simply perform analysis of identified investment opportunities. Thebr EVP Acquisition and Finance has many external facing qualities, including performing investor relationship management duties and reporting on construction progress and project financial performance. In contrast, the AF Analyst does not perform investor relationship management duties.br br See Section K for additional details.

Combination Occupation

N

Offered to Applicant Foreign Worker

Y

Foreign Worker Live on Premises

N

Foreign Worker Live in Domestic Service

N

Foreign Worker Live in Domestic Service Count

Professional Occupation

Y

Application for College/University Teacher

N

SWA Job Order Start Date

2019-11-15

SWA Job Order End Date

2019-12-18

Sunday Edition Newspaper

Y

First Newspaper Name

The New York Times

First Advertisement Start Date

2019-11-17

Second Newspaper Ad Name

The New York Times

Second Advertisement Type

Newspaper

Second Ad Start Date

2019-11-24

Employer Website From Date

2020-01-01 08:34:45

Employer Website To Date

2020-01-01 08:34:45

Professional Organization Ad From Date

2020-01-01 08:34:45

Professional Organization Advertisement To Date

2020-01-01 08:34:45

Job Search Website From Date

2019-11-15

Job Search Website To Date

2019-11-26

Employee Referral Program From Date

2020-01-01 08:34:45

Employee Referral Program To Date

2020-01-01 08:34:45

Local Ethnic Paper From Date

2019-11-29

Local Ethnic Paper To Date

2019-11-29

Radio/TV Ad From Date

2019-11-19

Radio/TV Ad To Date

2019-11-19

Employer Received Payment

N

Posted Notice at Worksite

Y

Layoff in Past Six Months

N

Country of Citizenship

CHINA

Foreign Worker Birth Country

CHINA

Class of Admission

H-1B

Foreign Worker Education

Master's

Foreign Worker Information: Major

REAL ESTATE FINANCE INVESTMENT

Foreign Worker Years of Education Completed

2015

Foreign Worker Institution of Education

NEW YORK UNIVERSITY SCHOOL OF PROFESSIONAL STUDIES

Foreign Worker Education Institution Address 1

7 EAST 12TH STREET

Foreign Worker Education Institution Address 2

Foreign Worker Education Institution City

NEW YORK

Foreign Worker Education Institution State/Province

NY

Foreign Worker Education Institution Country

UNITED STATES OF AMERICA

Foreign Worker Education Institution Postal Code

10003

Foreign Worker Experience with Employer

N

Foreign Worker Employer Pays for Education

N

Foreign Worker Currently Employed

Y

Employer Completed Application

N

Preparer Name

Marcia N Needleman

Preparer Title

Principal and Managing Attorney

Preparer Email

mneedleman@levittandneedleman.com

Employer Information Declaration Name

Drew Popkin

Employer Information Declaration Title

Principal