The heart of the nation’s largest metropolis is now the stage for a contest to host the first casino in New York City
Several blocks away, the builder of a 93-story skyscraper with an Instagrammable observation deck is promising a crowd pleaser of its own: A balcony-style bar overlooking Times Square adjoining New York City’s — a competition that’s drawn interest from Las Vegas-based Wynn Resorts and rap superstar Jay-Z.
“There are unique hurdles in Manhattan,” said Manhattan Borough President Mark Levine. “Any site here, there’s an opportunity cost for what else could be built on that site. And because of the density here, there’s just no avoiding a major impact on surrounding businesses and offices and residents.”The state opened the bidding process on Jan.
Both Manhattan bidders argue a casino in the borough would yield the maximum potential revenue for the state and attract a higher-end clientele, including tourists, that an outer borough casino wouldn’t be able to match. And with Genting considered a frontrunner, some say a second casino in Queens would be imprudent.But the political response to a Manhattan gambling complex has ranged from skeptical to hostile.
Hoylman and Krueger are among those who will have a key role in the process through six-person community advisory committees, which need to affirm sufficient support for casino applications before bidders can advance their proposals. These committees, set to evaluate submissions in the coming months, will include appointees of Mayor Eric Adams, Gov. Kathy Hochul, city and state lawmakers and the borough president.
The assemblymember representing the area, Jeffrion Aubry, was bullish on the proposal for a casino on the site of a parking lot. Aubry said he’s planning to introduce a bill that would accomplish this. But the local state senator, Jessica Ramos, was more cautious, laying out conditions for her approval that, if they’re not met, could lead to issues for Cohen’s bid.
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