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The license would merely be an expansion with new restaurants and entertainment facilities, and not a project that has to be built from the ground up. The applicants must also meet all environmental and zoning requirements before the Gaming Facility Location Board reviews their plans. It is anticipated a final decision on the three licenses will come at the end of 2025. Like an exclusive, high-stakes game of Texas Hold’em, the process has been reserved for the uber-wealthy — with an applicant needing more than $1 billion just to be in the running.
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Metropolitan Park would be created on a 50-acre piece of parkland that has been used as a parking lot since the 1939 World’s Fair — as well as for events such as carnivals and a variety of other public uses. 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. 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 city owns the property, and Trump’s company had a 20-year contract with the Parks Department to operate it as a golf course. 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.
Rolling the dice: Who will win three coveted New York City-area full casino licenses?
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