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The structure, dubbed “The Coney”, would feature a new hotel just steps from the iconic boardwalk. Bally’s, a large gaming company that operates in Atlantic City, is looking to develop a casino at Trump Golf Links in Throggs Neck. Cohen has held meetings, including two visioning sessions, with the public to solicit feedback as to what to incorporate in his plans. According to Soloviev, the overall project is being dubbed “Freedom Plaza,” and it would also include the construction of a museum dedicated to democracy.
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On Wednesday, Bally’s Corporation announced a community benefits agreement for the project that pledges to provide more than $200 million in community investment. The gaming giant says the Bronx casino will also provide 15,000 construction jobs and more than 4,000 permanent jobs for local residents. A casino is at the heart of the Metropolitan Park plan, which is entirely contingent upon the venture receiving one of the three coveted downstate gaming licenses.
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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. The Council often votes the way of the local councilmember, a practice known as councilmember deference. 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. 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.
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. In order to get the council’s OK, Cohen would need two-thirds of the group to vote in support of Metropolitan Park. The property would also include boutique shops, two luxury hotels, a live entertainment venue, a conference center, and open space, in addition to a casino taking up less than 10% of the footprint. The development would be spread across 16.75 acres on the public golf course at the park. 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. Rolled out last June, the plan also includes $250 million in community reinvestment to support businesses and groups in Midtown and nearby Hell’s Kitchen.
