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- Related Companies, a New York City real estate giant, and Wynn Resorts are looking to build a casino from the ground up in an undeveloped area of Hudson Yards, located on the Far West Side of Manhattan.
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The four members of the commission to vote no on both proposals were Commission Chair Joshua Skinner, April Myrick, Fahad Ahmed and Daniel Denny, who said he was skeptical about approving a project before casino gaming is legalized. Some community members have been supportive of the project and mentioned the potential for jobs and an economic edge a casino could bring to the area. Visitors to the iconic Caesars Palace, one of the largest hotels in Las Vegas, can choose from among five towers of rooms, including high-end suites and villas.
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Steve Cohen, the billionaire owner of the New York Mets, has floated the possibility of building a casino as part of an entertainment complex on the 50-acre asphalt parking lot next to Citi Field. According to Soloviev, the overall project is being dubbed “Freedom Plaza,” and it would also include the construction of a museum dedicated to democracy. The project, first reported by the New York Times, would not require major development and could be up and running within a year. According to reports, SL Green has also pledged to use a portion of the casino’s revenues to fund safety and sanitation improvements in Times Square. In February 2024, Resorts World rolled out a $5 billion expansion and redevelopment plan should it receive a full gaming license.
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