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York venues to get £20m of New Year investment | Conference News

Most of the strategies Reifler's father-in-law wanted to invest in were not allowed because he was not an accredited investor. Reifler discovered how limited the investment options were for 99 percenters. Determined to change the junction America's wealthy had on investments, Reifler began developing a public fund that people like his father-in-law could invest in. "For several years I was only focusing on the accredited investor that makes $200,000 a year or has a net worth of more than a million dollars not counting their house," Reifler said.

Brad Reifler's Explains Why the 99 Percenters Need an Investment Fund | Reuters

With a raft of investment planned at some of the citys key venues, we hope to attract high profile conferences and events into York for 2015 and beyond. Hotel developments include a 3m transformation of the Best Western Monkbar Hotel, which will increase the city centre suite and conference space. Total capacity for meetings will increase from 140 to 250 delegates. On the attractions front, investments include the 8m redevelopment of York Art Gallery, which will see the gallery space increased by 60 per cent, as well as a suite of three new galleries. The Art gallery will reopen in summer 2015 and will be available for corporate functions including drinks receptions. Also in 2015, a 4.1m capital redevelopment at York Theatre Royal will see the most significant investment in the theatre since the 1960s. York Racecourse will add a sixth restaurant to view its offer, its new Parade Ring Restaurant will open on 13 May 2015, the first day of the racing season. Suitable for corporate hospitality on race days, the space will be available for hire as a meeting room on non-race days. The National Railway Museum will launch a new carriage in January 2015; the Countess of York. A refurbished railway carriage, located in the Courtyard of the museum, will offer new space for fine-dining and afternoon tea and is available for exclusive hire.