 The MDG Group has completed many projects in all facets of real estate. The track record that our company has achieved has really made for a very exciting company which can draw on our experience in all elements of design and construction, financing, and delivering projects to successful completion. Atria Builders has developed and built approximately the billion dollars' worth of construction projects. We've also been involved in historical restoration, entertainment, and now heavily involved in hotel projects. The MDG Group is a house design company for David Marks' projects including all his assistant living, nursing home, residential, and hospitality projects. The project is located on the west side of Manhattan. It's right near the famous Highline Elevated Park. It also is very near the Jacob Javits Convention Center. By far, the location is one of the largest developments. The project district encompasses tens of millions of square feet of office redevelopment, residential redevelopment, parks, performing art centers, new subway lines. When Governor Cuomo recently announced his plans to expand the Javits Center by 1.2 million square feet, a billion dollar expansion, we were very excited. The confluence of all these projects together and our one project sitting on the corner right in the middle of this all, we're very proud to have secured relationships with the likes of Starwood or Loft hotels, and we're very excited in particular because it expands the horizons in Manhattan. The Loft project on 37th Street and 11th Avenue is uniquely placed. What's unique about this hotel is that it fits right into the new construction and design motif in that it is a glass clad building. It's definitely a unique, young, chic type of hotel. The A-Loft would be 440 rooms. It would be considered second or third largest hotel for the brand. One of the unique things in this project that's not common in most of the hotels in the city will have elevated or satellite reception. So the guests will be directed to the second floor for an open layout concept where we get all the reception, the chicken, breakfast area, lounging, business center and all the amenities required. In the ground floor we'll have a retail space which will be located in the corner of West 37th Street and 11th Avenue. In addition to it, there is a unique feature for this building on the 15th level of the project. We'll have an open floor separating the tower portion from the base which we call the Sky Terrace. This will be completely as an outdoor experience. We're really tapping into the very cool WXYZ bar and the very, very trendy remix land which is very popular with the young people. We are currently preparing for the demolition of the existing structures that are on the site on 37th Street and 11th Avenue. This is a great fit for the EB-5 program. It combines the value of the underlying real estate project with the job creation. I've worked on and seen many different EB-5 projects. I think this is one of the best hotel projects I've ever seen. It's in the heart of Manhattan where there is a mega development happening in that area. The exciting aspects of the projects that we're doing in Manhattan is the fact that they're in the area of Manhattan that everyone is focusing on and we have the opportunity to be part of that new generation of a neighborhood. With all the office buildings and retail and outdoor spaces that's being under construction now it's going to be a good addition to the city and it's a good addition to the area. With an experienced team of professionals such as Atria Builders, DSN Design and David Marks I believe this is the perfect team for an amazing project in one of the best locations in the country. Anyone that gets involved with this project is getting involved not just with a hotel that's well conceived with the hottest real estate market possibly in the world but they're getting involved with an experienced company that encompasses under their umbrella all facets of development. We're very excited to see this transformation and we're very excited to be part of it.