{"data":{"type":"company_profile","id":51527,"entity_id":"wefunder:company:51527","attributes":{"canonical_url":"https://wefunder.com/nyce","generated_at":"2026-06-03T23:02:50Z","updated_at":"2026-06-02T23:54:52Z","entity_ids":{"company":"wefunder:company:51527","slug":"wefunder:company_slug:nyce"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-03T23:02:50Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:02:50Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-02T23:54:52Z","as_of":"2026-06-03T23:02:50Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-05-28T23:01:20Z","as_of":"2026-06-03T23:02:50Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-05-28T23:01:20Z","as_of":"2026-06-03T23:02:50Z","confidence":"medium"}}},"company":{"id":51527,"entity_id":"wefunder:company:51527","slug":"nyce","name":"NYCE","tagline":"On a mission to wipe out economic inequality.","elevator_pitch":"A “Robinhood for real estate,” we’re on a mission to create 100K+ POC millionaires through real estate ownership and financial literacy.","story":"NYCE : $100B Wealth Transfer🦄 MISSION: 100,000 millionaires by 2030⚡️ DONE: 3x crowdfunding records🚀 TARGET: 100,000 affordable housing units📊\u0026nbsp;TERMS: 50% returns, 10% royalties🤩 SEEN: Forbes, TechCrunch, etc🔥 GROWTH: 2.5M community (and growing)“The number one driver behind the wealth gap is absence of real estate ownership.”Home ownership in low-income communities is less today than it was 50 years ago when discrimination was legal. 🤯This has led to a generational wealth gap that will take 220+ years to close.Plus, institutional investors are buying up homes en masse, BLOCKING OUT the average person from the one trusted source of wealth building: home ownership.Solution: Real estate ownership for ALL. 💯In 2020, we made real estate ownership accessible to ALL—not just so-called “accredited” investors.With $100 or less. Ownership Promised, Ownership Delivered. 🤝TRACTION: We’ve set three records, helped 10,000+ people of color become first-time owners, and facilitated the first successful Reg. CF investor exit for real estate.More importantly…We’ve provided access to the tools to build and KEEP generational wealth…🗝Our NYCE+/TRIBE community gives access to the assets and tools the wealthy use daily.NYCE 2.0: ”The Great Wealth Transfer” 🔥🤝 NYCE 2.0: We’ve proven the model. We’ve proven the concept. Now we want to accelerate the mission to its next level: bringing home ownership to our TRIBE.100,000 investors —\u0026gt; 100,000 HOME OWNERS 🚀Backed by local Senators and councilmen, NYCE Communities is DESIGNED to revitalize neighborhoods—one metro at a time—and bring home ownership to first-time buyers:🏗\u0026nbsp;Build affordable starter homes💰\u0026nbsp;Down payment funding (via NYCE’s app)🚔\u0026nbsp;Neighborhood cleaning and patrol👇\u0026nbsp;Financial literacy and education“Alright, that sounds great, but what’s in it for me?!” 👀We’ve created a bond instrument that gives access to the mission, awesome perks and benefits, plus awesome, investor-friendly terms.Investor-Friendly Terms 👇📊1.5x total returns💰\u0026nbsp;10% royalty (we succeed TOGETHER)✔️\u0026nbsp;4-year term w/ 12-month resale option🤝\u0026nbsp;NYCE Early Bird/Investment discounts“Alright, that sounds great, but what’s in it for me?!” 👀We’ve created a bond instrument that gives access to the mission, awesome perks and benefits, plus awesome, investor-friendly terms.Investor-Friendly Terms 👇📊1.5x total returns💰\u0026nbsp;10% royalty (we succeed TOGETHER)✔️\u0026nbsp;4-year term w/ 12-month resale option🤝\u0026nbsp;NYCE Early Bird/Investment discountsPlus! Investors qualify for down payment funding. 🤩Meaning you will automatically pre-qualify for down payment funding on the NYCE app to finance a house hack, rehab or new home purchase.“Wealth is a function of the conversations around the dinner table…”\u0026nbsp;****— Philip MichaelIn truth, ASSET redlining is a socio-intellectual challenge; it’s not taught in schools and institutions make too much to fix it. 🗝🗝🗝🗝In other words, those who have the access, keep the wealth.Those who don’t…don’t.Which is why we’re here today.Let’s make a difference. 🙏","location":"New York, NY","website":"https://nyce.co/mission","total_amount_raised":1675454,"total_investors":2697,"is_funded":false,"is_active":false,"quality_score":3,"related_urls":["https://wefunder.com/nyce","https://nyce.co/mission"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/51527/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/51527/large_cropped_IMAGE.jpg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/51527/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/51527/standard_blob.jpg","profile_video_url":"https://wefunder.wistia.com/medias/n4xd05qtwj"},"links":{"company_url":"https://nyce.co/mission","facebook_url":"https://facebook.com/realestatewealthhacking/","instagram_url":"https://instagram.com/yfwtb/?hl=en"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"“Robinhood of real estate” — Yahoo Finance"},{"index":2,"claim_id":"claim-fact-2","value":"Invest and trade in 12 months"},{"index":3,"claim_id":"claim-fact-3","value":"2.5M+ followers on social media"},{"index":4,"claim_id":"claim-fact-4","value":"FIRST Reg. CF real estate exit (105% returns)"},{"index":5,"claim_id":"claim-fact-5","value":"Seen on Forbes, TechCrunch, CNBC etc."},{"index":6,"claim_id":"claim-fact-6","value":"3x real estate crowdfunding records"},{"index":7,"claim_id":"claim-fact-7","value":"Affordable housing developments"}],"team":[{"id":789247,"entity_id":"wefunder:company_role:789247","user_entity_id":"wefunder:user:316876","role":"founder","name":"Philip Michael","title":"CEO","bio":"Philip is CEO of NYCE and a financial influencer with 2M+ followers.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/789247/square_cropped_IMAGE.jpg?1708377035","profile_url":"https://wefunder.com/philipmichael2","personal_url":"https://tap.bio/@philipmichael","linkedin_url":"https://www.linkedin.com/in/philipmichael2018/","twitter_url":"https://twitter.com/philip_michael","related_urls":["https://wefunder.com/philipmichael2","https://tap.bio/@philipmichael"]},{"id":4207100,"entity_id":"wefunder:company_role:4207100","role":"employee","name":"Sheryl Chapman","title":"Director, Community","bio":"Sheryl is a financial expert with 30-years experience in portfolio management for the US government.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4207100/square_blob.jpg?1708377035","related_urls":[]},{"id":4207094,"entity_id":"wefunder:company_role:4207094","role":"employee","name":"Shari Elcock","title":"Director, Operations","bio":"Shari is an FHA specialist, real estate investor and NYCE+ instructor.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4207094/square_blob.jpg?1708377035","related_urls":[]},{"id":1548600,"entity_id":"wefunder:company_role:1548600","user_entity_id":"wefunder:user:1389028","role":"employee","name":"Arif Nezami","title":"Director, Finance","bio":"Arif oversees NYCE's new deal opportunities, as well as business strategy, product and tech integration.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1548600/square_cropped_Group_21.jpg?1708377035","profile_url":"https://wefunder.com/arifnezami","related_urls":["https://wefunder.com/arifnezami"]}],"featured_investors":[],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":297,"featured_investors":0,"faq_entries":5},"active_fundraises":[{"id":53950,"entity_id":"wefunder:fundraise:53950","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-12-22T19:58:15Z","funding_closed_at":"2023-03-01T05:04:39Z","auto_close_at":"2023-03-01T04:59:59Z"},{"id":53951,"entity_id":"wefunder:fundraise:53951","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":500,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-12-17T00:49:33Z"},{"id":52076,"entity_id":"wefunder:fundraise:52076","state":"successful","offering_type":"506(c)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":250000.0,"funding_started_at":"2021-09-17T14:44:56Z","funding_closed_at":"2021-09-17T14:44:57Z"},{"id":37154,"entity_id":"wefunder:fundraise:37154","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2021-07-15T01:13:43Z","funding_closed_at":"2021-09-14T05:02:24Z","auto_close_at":"2021-09-14T03:59:59Z"},{"id":37155,"entity_id":"wefunder:fundraise:37155","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1000000.0,"funding_started_at":"2021-03-15T22:25:32Z"},{"id":29058,"entity_id":"wefunder:fundraise:29058","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":100000.0,"funding_started_at":"2020-03-28T01:50:45Z","funding_closed_at":"2020-08-01T05:01:32Z","auto_close_at":"2020-08-01T03:59:59Z"}],"latest_fundraise":{"id":53950,"entity_id":"wefunder:fundraise:53950","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-12-22T19:58:15Z","funding_closed_at":"2023-03-01T05:04:39Z","terms":{"eb":null,"nb":"$125M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":88281,"entity_id":"wefunder:comment:88281","question":"Hi! I love the philosophy and I really appreciate the thoroughness with which your project is presented on this site. I do have a few questions still, though. Does the company own all of its current real estate holdings outright? (as in, paid cash for them or have paid off any mortgages or loans on the properties) And, if so - what is the total value of the company’s real estate holdings if they were put up for sale right now? (is that the $10.2 million referenced?) And then: what are the projects you currently have in progress for which you already own the property? (I see the Temple and Mercer properties, but are there others as well?) For those projects: how much will you need to spend to finish those projects and where will that money come from? (I see the company is listed as having $0 on hand) And then how much would the company estimate its total current real estate holdings will be worth once this currently in process construction is finished if all properties were then sold immediately? (is that the $57 million?) With the type of projects you have in mind, would you be able to give an (of course non-binding!) estimate/projection of how much the company might be worth if sold in an exit with the ~$1 billion in real estate assets the company references as a goal in the Wefunder pitch deck? Thank you so much! I really believe in your mission and would like to be a part of making your goal happen.","author_name":"M U","votes":11,"created_at":"2020-04-30T04:10:01Z","canonical_url":"https://wefunder.com/nyce#question-88281","answers":[{"id":88375,"entity_id":"wefunder:comment:88375","answer":"Hi Colyer, Thank you for reaching out — EXCELLENT, EXCELLENT questions! Love it! I’ll address them in each in sequence as best I can, sorry if this goes a bit long: - YES! We own everything outright, paid for in cash. NO bank financing whatsoever—all from the three cofounders. And yes, that is the value referenced (equity). The reason it says $0 is for technical reasons only: the C-corp used to for this campaign is brand-new (we used LLCs for the properties; can only issue stock with C-corps) and will assume ownership of the various assets immediately upon completion of this campaign. - And yes, the ones actively under development are Mercer and Temple. Temple I is halfway done and Mercer will start this year as well; getting ready to demolish the existing structure once Jersey City opens back up. We have a high rise project also that is under pre-development. (Lots of work with city there.) - The money to finish will come from construction loans. Since we own everything outright, there’s less risk for the lender. We currently have a $2.5M line of credit from a Danish bank at 2.5%—non-recourse—to finish both phase I of Temple and Mercer. (This rate, for the record, in unmatched for a company of our scope and size. NO ONE gets that that I know!) Meaning no collateral or foreclosure risk to the assets. In addition, we have an LOI from Wells Fargo AND JP Morgan on the high rise project at 85% loan-to-cost. - And yes, the stabilization/terminal value—meaning aggregate value once all built—is around $57M. And that doesn’t include any other projects in the future, only those included here. - Estimated value in terms of an exit with $1B in assets is a very, very difficult question to answer since it is so speculative and has lots of moving parts. In addition, some companies sell or raise capital at less or more than their valuation (see WeWork or Mic.com) so it’s very speculative. Assuming you’re OK with that disclaimer, I’ll give it a careful shot, with forward statements: Let’s say a company has $1B in assets with 80% debt—that leaves $200M in equity. So that should at least be the ABSOLUTE minimum. With the technology and so on, the probable exit price would perceivably be higher. AS A REFERENCE POINT: According to Forbes, Fundrise had an $800M valuation against $500M in equity under management. https://www.forbes.com/companies/fundrise/#3bac705867f2 This is just a reference and there are more variables involved, including internal valuations based on fundraising. Hope that covered it. Thank you so much for this so thorough, intelligent question!I really, really appreciate it! Hope to have you onboard! - Philip","author_name":"Philip Michael","votes":10,"created_at":"2020-04-30T17:35:51Z"}]},{"id":145086,"entity_id":"wefunder:comment:145086","question":"Do you guys even answer questions anymore here? I ask you a simple questions regarding investing here on wefunder and downloading the app. Once we download the app will our investment form here show up in our investment section in the App. Or are we also required to do an investment after we download the app on the app so it would show up in the investment section?","author_name":"Bernard Wells","votes":6,"created_at":"2021-04-26T19:56:05Z","canonical_url":"https://wefunder.com/nyce#question-145086","answers":[{"id":147730,"entity_id":"wefunder:comment:147730","answer":"Hey Bernard—no, you don’t have to invest again. Wefunder powers the transaction so that would come up inside there as well. As for this most recent offering, it won’t reflect in the app until you reconfirm an it’s officially closed. I honestly would like for it to show right away but the reality is 5-10% of total investments fall through; check bounces, no money in account etc. so we choose to reflect it once the round is officially closed and the transaction is complete. Great question though. Hope that makes sense! - Philip","author_name":"Philip Michael","votes":3,"created_at":"2021-05-07T16:05:23Z"}]},{"id":265903,"entity_id":"wefunder:comment:265903","question":"We get e-mails about other investment opportunities (e.g. NYCE bond), but answering questions on how to cash out seems too difficult. I’m still waiting for a reply from app@nycegroup.com (e-mail sent on 8/8/2023) and also finally managed to set-up an account on Securitize, but as mentioned by Colin Thomson NYCE can’t be found there. I’d really appreciate some feedback (it’s not like I want to withdraw millions, you wouldn’t even notice that I’ve cashed out), because the lack of communication \u0026amp; information on this topic is getting absolutely frustrating!!!!!","author_name":"Thomas Kaczmarek","votes":4,"created_at":"2023-10-18T05:48:43Z","canonical_url":"https://wefunder.com/nyce#question-265903","answers":[{"id":294702,"entity_id":"wefunder:comment:294702","answer":"Dear Thomas, Thank you for your message and your patience. We’ve transitioned away from Securitize, and I apologize for the delay in communication. Rest assured, your investment is secure, and I’m here to assist you with your withdrawal request. Let’s schedule a quick call to walk through the process: https://calendly.com/nyceco/investor-success-check-in Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:08:51Z"}]},{"id":265789,"entity_id":"wefunder:comment:265789","question":"Signing up to securitize does not show my investment balance from Wefunder. I would like to sell my NYCE investment, I thought this opened earlier in the year but now it can't be found? I would like to exit my investment now as things seem to be stalling or getting worse.","author_name":"Colin Thomson","votes":4,"created_at":"2023-10-17T08:32:39Z","canonical_url":"https://wefunder.com/nyce#question-265789","answers":[{"id":294701,"entity_id":"wefunder:comment:294701","answer":"Dear Colin, Thank you for reaching out and for your patience regarding the status of your investment. We’ve discontinued our relationship with Securitize, but rest assured, your investment remains secure. I’d be happy to walk you through the next steps for exiting your investment. Please feel free to schedule a time for a quick check-in using the link below, and I will provide you with all the details: https://calendly.com/nyceco/investor-success-check-in Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:08:06Z"}]},{"id":149849,"entity_id":"wefunder:comment:149849","question":"HI ,I am confused ? so how do I make $$ as an investor? do you rent rent out your property and than flip it? How do you make $$$ ?","author_name":"Stan Michael Kramarz","votes":4,"created_at":"2021-05-20T20:21:04Z","canonical_url":"https://wefunder.com/nyce#question-149849","answers":[{"id":150662,"entity_id":"wefunder:comment:150662","answer":"You’re exactly right. We own, develop and operate luxury rental buildings in strong markets and rent them out. We don’t do flips however.","author_name":"Philip Michael","votes":3,"created_at":"2021-05-25T02:36:30Z"}]},{"id":263358,"entity_id":"wefunder:comment:263358","question":"As several others, I’d like to withdraw my investment, but I get no reaction on my e-mail asking for more information. I tried to set-up an account on http://nyce.invest.securitize.io/#/login but am still waiting to get approved. The new app doesn’t show up to date info on my balance etc. Overall, I’m totally NOT impressed with how things are handled….","author_name":"Thomas Kaczmarek","votes":3,"created_at":"2023-09-26T07:08:31Z","canonical_url":"https://wefunder.com/nyce#question-263358","answers":[{"id":294703,"entity_id":"wefunder:comment:294703","answer":"Dear Thomas, Thank you for your message and your patience. We’ve transitioned away from Securitize, and I apologize for the delay in communication. Rest assured, your investment is secure, and I’m here to assist you with your withdrawal request. Let’s schedule a quick call to walk through the process: https://calendly.com/nyceco/investor-success-check-in Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:09:07Z"}]},{"id":150178,"entity_id":"wefunder:comment:150178","question":"Greetings! Is the 90% off Tribe+ membership Investor Perk for the $2,500 level perpetual or one 1-time use? Thanks in advance.","author_name":"Donny Greene","votes":3,"created_at":"2021-05-22T02:59:10Z","canonical_url":"https://wefunder.com/nyce#question-150178","answers":[{"id":150665,"entity_id":"wefunder:comment:150665","answer":"Hey Donald! It’s for an annual membership. Just shoot us a note inside TRIBE w/ screenshot of your investment and we’ll get you hooked up right away. 👍","author_name":"Philip Michael","votes":2,"created_at":"2021-05-25T02:37:54Z"}]},{"id":149807,"entity_id":"wefunder:comment:149807","question":"Can you tell me the difference (if there is one) from investing via Wefunder and/or through the NYCE app?","author_name":"Elliott McLaughlin","votes":3,"created_at":"2021-05-20T16:55:01Z","canonical_url":"https://wefunder.com/nyce#question-149807","answers":[{"id":150661,"entity_id":"wefunder:comment:150661","answer":"Hi Elliott, This investment in the NYCE portfolio is powered by Wefunder so it doesn’t make a difference in this case. For future investment in individual properties, it’ll be automatic inside the app. But this one—same thing.","author_name":"Philip Michael","votes":2,"created_at":"2021-05-25T02:35:47Z"}]},{"id":149118,"entity_id":"wefunder:comment:149118","question":"Thank you for answering. I invested back in March 2020, downloaded the app, used the email I used to invest, yet it still says \"Your Investments $0.00\" and \"Current Value $0.00\" can you app team take a look at my profile please? I would really like to follow along using the app. Email is chpanton@gmail.com","author_name":"Constance Panton","votes":3,"created_at":"2021-05-15T18:33:43Z","canonical_url":"https://wefunder.com/nyce#question-149118","answers":[{"id":149692,"entity_id":"wefunder:comment:149692","answer":"If you are using the same email to sign up on the app as in Wefunder / Republic, you should be able to see a sync icon on the dashboard. If you click on the icon, your investments will be synced to the app. If you are using a different email, please reach out to us at app@nycegroup.co","author_name":"Philip Michael","votes":3,"created_at":"2021-05-19T20:04:57Z"}]},{"id":135937,"entity_id":"wefunder:comment:135937","question":"Congratulations on ur success so far. I have experience investing in companies like Fundraise and other private reits. This being said I find the app very confusing. I downloaded the app to test it. In the description it says I can own share from as little as $10 but also it says in Apple screen shot with minimum $100 ? After downloading the app and create an account, now it show me the buildings and share value just something line going up. Not sure what ur present or how the value increased today. No explanation in the app what is happening here. I am sorry but saying the app is Robinhood sounds more as a joke and I have been using Robinhood for years. It took me less than 3 minuets to invest in Robinhood. I am 10 minuets in the app and I am struggle to think this a “real app”. The 2 buildings which has % always going up ? The chart for a day, week, month, year is the exact same line going up. Clicking on the chart doesn’t allow me to see what the price even was. Bunch of other building with wait list. The two I mentioned earlier has price tag per share of $80 and $150 ? How this express the $10 claim on the app description ? Finally assuming I bought the share what happens next. Based on the app I can’t see option for trade, nor any info as of that manner. I find this is very concerning that there is no on boarding process on the app what so ever.","author_name":"Mohammed Khonizi","votes":3,"created_at":"2021-03-19T00:34:51Z","canonical_url":"https://wefunder.com/nyce#question-135937","answers":[{"id":137673,"entity_id":"wefunder:comment:137673","answer":"Hey Mohammed—thank you for ur comment and kind words. OK, so there are a number of conflations in your comment, which I appreciate since it conveys interest—so thank you for that. OK, so number one, this isn’t a private REIT. We’re a tech-enabled real estate company with a self-funded portfolio that we now allow others to own with us. As for the app: One, we’re not a trading app, hence why you don’t see any tradable securities. (So any onboarding concerns is a function of ignorance more than any oversight on our behalf.) As an extension of that, regarding the offerings, they’re not publicly traded so the curve represents the added value over the period of the investment (+ the 8% accrued on an annual basis—hence the straight line). In terms of glitches/bugs, what you see is our first edition, released to investors and in beta mode. As you (ought to) know, apps are updated all the time, especially first versions. Lastly, the app is entirely self-funded, without a single VC dollar behind it. The $10 thing was in the first submitted version that was since updated. (Hence beta and first versions and all that good stuff.) As for questioning the veracity of our app; one, the investment is based on the property, not the app itself. The app is a perk for investors (that I did not have to create, by the way) for them to follow the investment, be the first ones to learn about new projects and a way to connect with our audience. (As a side note: If you did in fact consider us a private REIT then you also clearly would know that private REITs by nature and extension aren’t publicly tradable. Which kinda kills your entire logical premise—renders it a joke, even, to steal a phrase of yours—and makes me wonder about the intentions behind your comment.) If you don’t think our app is valid, considering this information I just outlined, no worries. The reality is that we’ve outperformed every single similar company from seed to Series A on every metric imaginable. It’s a free country, a free market—you don’t have to invest. Nor do I have to contractually accept your investment. Frankly, I couldn’t care less if you invest or not because I didn’t build it for you. I built it for people who haven’t had access to assets like private REITs before, people who aren’t accredited, and people who are looking to get started. That’s the beauty of it. If our mission doesn’t fit what you’re looking for, again, no worries. I’m sure there’s something out there for you. Hope that helps, Mohammed. Any other questions, feel free to contact me. All the best! - Philip","author_name":"Philip Michael","votes":10,"created_at":"2021-03-25T20:42:55Z"}]},{"id":89617,"entity_id":"wefunder:comment:89617","question":"Sir, I am very new at this and really like your concept. I know this may be small potatoes to a giant like you. However I have 100 dallors I would like to invest in this opportunity. Would you please except it.","author_name":"Eldridge Holliday","votes":3,"created_at":"2020-05-10T20:37:00Z","canonical_url":"https://wefunder.com/nyce#question-89617","answers":[{"id":92888,"entity_id":"wefunder:comment:92888","answer":"Hi Eldridge, I’m not able to on my end. However, it’s never too late or early to start building your portfolio. You can buy a piece of Amazon, Facebook, Google etc on Stash. I’d recommend that! Hope that helps. - Philip","author_name":"Philip Michael","votes":5,"created_at":"2020-06-09T19:57:21Z"}]},{"id":88826,"entity_id":"wefunder:comment:88826","question":"Hi, I'm wondering if there are dividends paid or what you mean by joining a community of future millionaires?","author_name":"Eimear Everard","votes":3,"created_at":"2020-05-03T10:40:20Z","canonical_url":"https://wefunder.com/nyce#question-88826","answers":[{"id":88829,"entity_id":"wefunder:comment:88829","answer":"Hi Eimear, Take a look at FAQs—I answer that specific question there. 🙂 But the idea is to have a community of co-billionaires through co-owning tech-powered real estate. Re: dividends: Your return are designed to compound annually. There may be a dividend pay out at some point—which would be a rarity, if not a first for this type of public offering—but not at this immediate time. Thanks for reaching out! - Philip","author_name":"Philip Michael","votes":2,"created_at":"2020-05-03T12:57:11Z"}]},{"id":86670,"entity_id":"wefunder:comment:86670","question":"Hi Philip, I read below about being able to exit out of this. This may be a dumb question but, Why would anyone want to exit out of this opportunity ever? Thank you, Jasen","author_name":"Jasen Reed","votes":3,"created_at":"2020-04-20T20:32:57Z","canonical_url":"https://wefunder.com/nyce#question-86670","answers":[{"id":87043,"entity_id":"wefunder:comment:87043","answer":"Hey Jason! Haha, thanks for that. Well, at some point, people want their “exit”—their return—so they then can elect to stay or invest another opportunity. For me, there’s no escaping since there’s a family AND community “legacy” involved, if you well. Thanks for asking!","author_name":"Philip Michael","votes":8,"created_at":"2020-04-22T13:18:24Z"}]},{"id":327362,"entity_id":"wefunder:comment:327362","question":"I will be contacting the FBI cybercrime unit about this entire operation. We haven't received any updates in regards to our investments except a rinse and repeat copy and paste generic reply. The balance for everyone is still the amount we invested. You cant get in touch with someone about anything no replies, no answers, no nothing. I think the United States Government should be informed since all of this scam was done online. I will be making sure they know!","author_name":"Rachael Reed","votes":2,"created_at":"2026-03-10T20:47:50Z","canonical_url":"https://wefunder.com/nyce#question-327362","answers":[]},{"id":320976,"entity_id":"wefunder:comment:320976","question":"SCAMMED!!!!","author_name":"Jose Moreno","votes":2,"created_at":"2025-12-11T04:59:04Z","canonical_url":"https://wefunder.com/nyce#question-320976","answers":[]},{"id":320771,"entity_id":"wefunder:comment:320771","question":"I think everyone has lost their money. It seems like Philip has stopped communicating and is only doing automated replies. Any future investors into NYCE beware. On another note, you can write this off on your taxes as a loss.","author_name":"Justin Kunisaki","votes":2,"created_at":"2025-12-08T17:27:42Z","canonical_url":"https://wefunder.com/nyce#question-320771","answers":[]},{"id":318858,"entity_id":"wefunder:comment:318858","question":"I invested $600 several years ago with no increase in investment. I want my $600 back.","author_name":"Keith Thomas","votes":2,"created_at":"2025-11-04T16:29:44Z","canonical_url":"https://wefunder.com/nyce#question-318858","answers":[{"id":318997,"entity_id":"wefunder:comment:318997","answer":"Hey Keith 👋 — thanks for reaching out. Here’s how to get what you need quickly: - View your investments → [wefunder.com/portfolio](http://wefunder.com/portfolio) - Trading (Nasdaq Private Market) → [npm.nyce.co](http://npm.nyce.co/) - Orientation sessions → [calendly.com/nyceco/orientation](http://calendly.com/nyceco/orientation) - Premium support ($250) → [calendly.com/nyceco/premium-support](http://calendly.com/nyceco/premium-support) We’re updating all systems to make the process smoother. Thanks for being part of our mission of financial freedom for all.","author_name":"Philip Michael","votes":0,"created_at":"2025-11-06T02:10:06Z"}]},{"id":313488,"entity_id":"wefunder:comment:313488","question":"This is turning out to be a fraud. Been invested since early 2022 and still haven't converted to stocks. All the links this Philip guy puts in are dead links. Completely lost my trust.","author_name":"Jason  Clark","votes":2,"created_at":"2025-08-21T20:55:51Z","canonical_url":"https://wefunder.com/nyce#question-313488","answers":[{"id":317159,"entity_id":"wefunder:comment:317159","answer":"Hey Jason👋 — thanks for reaching out. Here’s how to get what you need quickly: - View your investments → [wefunder.com/portfolio](http://wefunder.com/portfolio) - Trading (Nasdaq Private Market) → [npm.nyce.co](http://npm.nyce.co/) - Orientation sessions → [calendly.com/nyceco/orientation](http://calendly.com/nyceco/orientation) - Premium support ($250) → [calendly.com/nyceco/premium-support](http://calendly.com/nyceco/premium-support) We’re updating all systems to make the process smoother. Thanks for being part of our mission of financial freedom for all.","author_name":"Philip Michael","votes":0,"created_at":"2025-10-16T18:22:59Z"}]},{"id":313347,"entity_id":"wefunder:comment:313347","question":"What happened to the NYCE APP? I cant access it anymore. How do we get access to our funds?","author_name":"Pichou Etinde","votes":2,"created_at":"2025-08-20T00:37:11Z","canonical_url":"https://wefunder.com/nyce#question-313347","answers":[{"id":317160,"entity_id":"wefunder:comment:317160","answer":"Hey Pichou 👋 — thanks for reaching out. Here’s how to get what you need quickly: - View your investments → [wefunder.com/portfolio](http://wefunder.com/portfolio) - Trading (Nasdaq Private Market) → [npm.nyce.co](http://npm.nyce.co/) - Orientation sessions → [calendly.com/nyceco/orientation](http://calendly.com/nyceco/orientation) - Premium support ($250) → [calendly.com/nyceco/premium-support](http://calendly.com/nyceco/premium-support) We’re updating all systems to make the process smoother. Thanks for being part of our mission of financial freedom for all.","author_name":"Philip Michael","votes":0,"created_at":"2025-10-16T18:23:40Z"}]},{"id":313152,"entity_id":"wefunder:comment:313152","question":"The NYCE app doesn't appear to be working. How can I check my TMPL 1 and 2 investments?","author_name":"Justin Kunisaki","votes":2,"created_at":"2025-08-14T20:56:25Z","canonical_url":"https://wefunder.com/nyce#question-313152","answers":[{"id":317163,"entity_id":"wefunder:comment:317163","answer":"Hey Justin👋 — thanks for reaching out. Here’s how to get what you need quickly: - View your investments → [wefunder.com/portfolio](http://wefunder.com/portfolio) - Trading (Nasdaq Private Market) → [npm.nyce.co](http://npm.nyce.co/) - Orientation sessions → [calendly.com/nyceco/orientation](http://calendly.com/nyceco/orientation) - Premium support ($250) → [calendly.com/nyceco/premium-support](http://calendly.com/nyceco/premium-support) We’re updating all systems to make the process smoother. Thanks for being part of our mission of financial freedom for all.","author_name":"Philip Michael","votes":0,"created_at":"2025-10-16T18:24:26Z"}]},{"id":202681,"entity_id":"wefunder:comment:202681","question":"I can't find where to verify my identity for nice been trying for days, sick of looking.","author_name":"Jacquelyn Ervin","votes":2,"created_at":"2022-04-25T21:28:32Z","canonical_url":"https://wefunder.com/nyce#question-202681","answers":[{"id":294704,"entity_id":"wefunder:comment:294704","answer":"Dear Jacquelyn, We apologize for the difficulties you've experienced while trying to verify your identity on our platform. Our technical team is aware of the issue and is working on a solution. We will provide you with detailed instructions to resolve this as quickly as possible. Please feel free to reach out directly if you encounter any further issues. We truly appreciate your patience. Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:13:04Z"},{"id":294706,"entity_id":"wefunder:comment:294706","answer":"Dear Jacquelyn, We apologize for the difficulties you've experienced while trying to verify your identity on our platform. Our technical team is aware of the issue and is working on a solution. We will provide you with detailed instructions to resolve this as quickly as possible. Please feel free to reach out directly if you encounter any further issues. We truly appreciate your patience. Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:15:32Z"}]},{"id":162498,"entity_id":"wefunder:comment:162498","question":"Hello, I recently invested in your startup as I believe that it’s a great opportunity for all to have a spot in real estate. In fact, while I may sound crazy, I think your investment platform is the answer to Lucy’s wish from, “A Charlie Brown Christmas.” The clip that comes to mind, is when Charlie Brown goes to see Lucy for support as he’s feeling a little down for the holidays. Lucy says, “I know exactly what you need, involvement.” She then proceeds to tell Charlie, I know exactly how you feeling though, I never get what I really want for Christmas just toys and games.” Charlie asks, “What is it that you really want for Christmas Lucy?” Her reply, “Real Estate!” (Mendelson, L., Schulz, C. M., Melendez, B., Guaraldi, V., Gillis, R. T., Benoit, D., McCann, C., ... Warner Home Video (Firm). (2008). A Charlie Brown Christmas. Burbank, Calif: Warner Home Video.) —. Therefore, I think this clip really is a perfect representation of what your platform can do for the many who want “involvement” in real estate just like Lucy. I say this because, for years many have not had an opportunity to own real estate, and this can be frustrating as we all know, it’s a great way to diversify ones portfolio. However, owning properties is not an easy undertaking and or even feasible for everyone. However, with the NYCE Platform, now everyone can be provided an opportunity to experience the many great benefits of owning real estate. Lucy would be so excited for your platform, just as I and the many others involved I’m sure are. As now with NYCE “all” can get what they really what for Christmas and or have the opportunity in their lifetime to have “involvement” in ownership of real estate, in which they may have not had the opportunity to do so otherwise. So I say thank you for the opportunity and all of your hard work each and every day in making your platform a success now and in the future! My question however, Where does our investment show up on the “NYCE” platform app so we are able to keep track and have the opportunity to watch our investments grow? I just want to make sure I have done everything correctly, as I have confirmed my investment, but have not seen anything as of yet show up on the NYCE platform. I’m excited for what is to come, as I’m a true believer in your vision and platform as now I believe all will have an opportunity in real estate, where as before it was just an investment available to the super wealthy.","author_name":"Kyle Guterba","votes":2,"created_at":"2021-08-09T07:33:06Z","canonical_url":"https://wefunder.com/nyce#question-162498","answers":[{"id":294705,"entity_id":"wefunder:comment:294705","answer":"Dear Kyle, Thank you for your belief in our platform and the opportunities it provides to make real estate investing accessible to all. We understand your eagerness to track your investment, and we are actively working to ensure that all investments are properly reflected on the platform. We anticipate full functionality soon and will notify you once your account has been updated with the relevant information. In the meantime, please feel free to contact us if you need further clarification. Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T05:14:30Z"}]},{"id":161496,"entity_id":"wefunder:comment:161496","question":"I am unable to find where I am supposed to re-confirm my Investment. Can you help me please ?","author_name":"Sheron Salmon","votes":2,"created_at":"2021-08-04T18:30:32Z","canonical_url":"https://wefunder.com/nyce#question-161496","answers":[{"id":294880,"entity_id":"wefunder:comment:294880","answer":"Hi Sheron, Thank you for reaching out! The reconfirmation process is typically done through the platform where you initially made your investment, such as Wefunder. You should have received an email with instructions on how to complete the reconfirmation. If you’re unable to find the email or need additional assistance, I’d be happy to guide you through the process. Feel free to schedule a quick call with me here: https://calendly.com/nyceco/investor-success-check-in Thank you for your continued support, and I look forward to helping you! Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-24T02:35:49Z"}]},{"id":158581,"entity_id":"wefunder:comment:158581","question":"Hi! This might sound like a dumb question but I invested as well as download the app but I do my investment marks as $0 on the app will this transfer over to the app to keep track of everything or will it be on here? Thanks!","author_name":"Joselyn Carias","votes":2,"created_at":"2021-07-17T06:53:14Z","canonical_url":"https://wefunder.com/nyce#question-158581","answers":[{"id":294831,"entity_id":"wefunder:comment:294831","answer":"Hi Joselyn, Thank you for your question! I apologize for the confusion with the NYCE app showing $0. This may be due to a syncing issue, but rest assured, your investment is secure. The app is designed to reflect your investment, so it should update. If you're still seeing $0 after updating the app, feel free to schedule a quick call with me, and I’ll help ensure everything is properly reflected: https://calendly.com/nyceco/investor-success-check-in Thanks again for your support, and I’m happy to assist with any further questions! Best regards, NYCE Team","author_name":"Philip Michael","votes":0,"created_at":"2024-10-23T22:29:21Z"}]},{"id":149489,"entity_id":"wefunder:comment:149489","question":"@Philip: Thank you for taking the time to speak to us. +++ We did a follow-up interview with NYCE, check it out here: https://capvee.substack.com/p/-q-and-a-nyce-ceo-philip-michael Olof | Twitter: @Olof_Capvee CAPVEE | Helping retail investors uncover the best private market opportunities. capvee.com","author_name":"Olof | CAPVEE","votes":2,"created_at":"2021-05-18T17:23:32Z","canonical_url":"https://wefunder.com/nyce#question-149489","answers":[{"id":294881,"entity_id":"wefunder:comment:294881","answer":"Hi Olof, Thank you for the follow-up interview and for sharing it with the community! We appreciate your support and for helping highlight private market opportunities for retail investors.","author_name":"Philip Michael","votes":0,"created_at":"2024-10-24T02:40:03Z"}]}],"faq":[{"question":"What is the 1 year, 3 year, 5 year Outlook? Is this a REIT? Do we get a dividend? Is it something that you easily take out your money? Or is something that you invest in and is locked in for a certain timeframe?","answer":"Hi Alexander! Thank you for your questions—a good ones, too! The 1-3-5-year outlook is used to showcase how investments grow over time—illustrative purposes. For many starting out, the idea of 8%, 9%, 10% compounded returns can be confusing. To answer your main question, we’re not a REIT; consider us something similar to Fundrise but with a very particular mission. And yes, the capital is locked in for a certain time period; not unlike any other direct real estate investment or if you investe..."},{"question":"While researching NYCE, I keep seeing New York Equity Group (NYEG) with Phillip Michael as founder as well. Are NYEG and NYCE Co. one and the same? Additionally, is there a website and/or more online info for NYCE outside of SEC filings, Crowd Notes, and Offering Statements? T...","answer":"Great question! NYCE is the management arm of the actual real estate. For instance, each property is owned by its own LLC; this is very common. Fundrise’s parent company, to give an example, is called Rise Companies Corp; this owns Fundrise, which owns each property and/or eREIT under it. So you can think of NYCE as the Alphabet that owns Google, LLC, YouTube etc. Hope that answers your question!"},{"question":"Respectfully, what is the benefit of investing here as opposed to a more established and better funded alternative such as Fundrise? Thanks!","answer":"Hi Nathan, Great question! Thank you for asking that. All investments really depend on your appetite, your goals and what you believe in. Re: Fundrise, fundamentally it’s very similar. They also have a tech component, mainly in the way they onboard investors and they’re a pioneer in their way. Great concept. There are two main ways ours differs from Fundrise, or other real estate platforms for that matter: 1) More importantly, we’re totally and entirely motivated by our mission to create 100K..."},{"question":"How will an investor exit in 3 to 5 years? I read your comment below. Can you elaborate a little more, thank you.","answer":"Hi Mario, With these types of investments, they usually go by horizons due to the life cycle of a real estate (raise money, buy land, get architectural approvals, finding contractor, getting construction loans, building and then leasing out). In startups, it’s a little different also; it’s a longer play with more undefined exit opportunities. In this case, we already have skipped the most difficult and time consuming projects—the TEMPLE is already well underway to completion. That’s how and w..."},{"question":"Hi Philip, I read below about being able to exit out of this. This may be a dumb question but, Why would anyone want to exit out of this opportunity ever? Thank you, Jasen","answer":"Hey Jason! Haha, thanks for that. Well, at some point, people want their “exit”—their return—so they then can elect to stay or invest another opportunity. For me, there’s no escaping since there’s a family AND community “legacy” involved, if you well. Thanks for asking!"}]}}}