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The commission, which is around a year behind its original timeline for issuing the downstate casino licenses, is expected to hand out the three approvals in the final days of 2025. While the local assemblymember, freshman lawmaker Larinda Hooks, is a major supporter of the project, her counterpart in the Senate, mayoral candidate Jessica Ramos, is perhaps its fiercest opponent. Ramos decided against introducing a parkland alienation bill last year, and has said in recent months that she doesn’t plan to do anything differently this year. On Tuesday, the Council’s Land Use Committee voted unanimously in favor of the plan and left little doubt that it would pass a full vote on Wednesday. Adding to its guarantee of success was the support it received from the local councilmember, Francisco Moya.
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Attendees of Wednesday’s groundbreaking were optimistic about the project’s potential positive impact. Their proposal would feature a towering glass building overlooking the amusement park in the heart of the waterfront community. The structure, dubbed “The Coney”, would feature a new hotel just steps from the iconic boardwalk. Thor Equities, a real estate investment firm, is partnering with Saratoga Casino Holdings and the Chickasaw Nation to build a casino in Coney Island. The company struck a deal with the Trump Organization to take 17 acres of the 300-acre property that adorns the Trump name.
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The three Manhattan casino proposals, meanwhile, are filled with the kind of glitz and glamor that captures the imagination and may prove to be offers too good for the state to refuse. Resorts World’s expansion plan includes the creation of a new 50-acre park on the Aqueduct Racetrack site, as well as a 7,000 sq. Their role is to gauge the interest of the community and make a recommendation. At least four of the six committee members must approve of the plan for it to move forward. Ten high rollers continue to vie for three lucrative full casino licenses in downstate New York in a years-long race that evolved from a sprint to a marathon. Republican City Councilmember Vickie Paladino also voted against the rezoning, and Queens City Councilmember Tiffany Cabán abstained from voting on the plan.
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