NY officials strike down Jay-Z’s Times Square casino proposal
No dice!
A state board on Wednesday rejected the Times Square casino bid from rapper Jay-Z’s Roc Nation and other companies.
The gaming facility proposal for 1515 Broadway, also involving Caesars’ Entertainment and SL Green Realty, was struck down by the six-member state community advisory committee in a 4-2 vote.
“Go run and hide,” SL Green CEO Marc Holliday railed afterward at the four members who voted against the bid. “You have to live with that history forever.”
The nay votes came from representatives for Manhattan Borough President Mark Levine, state Sen. Liz Krueger, Assemblyman Tony Simone and Councilman Erik Bottcher.
Appointees of Gov. Kathy Hochul and Mayor Eric Adams voted aye.
The rejection marked a victory for the Broadway League of theater owners, which spearheaded opposition with Manhattan West Side residents via The No Times Square Casino Coalition.
“Most residents of the area we heard from are opposed. The Broadway theater industry is adamantly opposed, and they make a strong case a casino in this area would do major damage to that gem,” said Richard Gottfried, Krueger’s appointee on the state local siting board.
“There’s lots of other places in the city where a casino could thrive,” said Gottfried, a former Manhattan assemblyman.
The casino bid was backed by the Rev. Al Sharpton’s National Action Network, entertainers such as rapper Fat Joe and various construction trade and other unions, who touted the gaming hub as creating jobs and ownership stake for minorities.
Sharpton, who was seen at the meeting, told The Post he was disappointed with the outcome, saying he had supported the proposal as a way to bring more minority ownership into the entertainment industry.
“I was here for Jay-Z,” he said. “We haven’t seen black ownership in the entertainment industry in Times Square. I was disappointed that they didn’t break the color line.”
Jason Laks, president of the Broadway League and member of the No Times Square Casino Coalition, hailed the rejection of the proposal in a statement, calling it “a vote to protect the magic of Broadway for the one hundred thousand New Yorkers who depend on it for their livelihoods, and for the tens of millions who come from around the world to experience it.”
“A casino can go anywhere, but Broadway only lives here,” Laks said.
A second casino bid, World Trade Center developer Larry Silverstein’s Avenir’s Manhattan gaming facility proposed for 11th Avenue and West 41st Street, was also rejected by its local siting board Wednesday– in a 4-2 vote.
Only the mayor and governors’ reps voted aye.
Bottcher, whose reps had votes on both proposals, said a casino was not welcome on the West Side.
“This is not a decision I took lightly. All economic development opportunities deserve strong consideration. I believe casinos must clear a particularly high bar, requiring a uniquely strong degree of community buy-in before being sited in a neighborhood,” Bottcher said in a statement.
“Despite extensive outreach by the applicants,” Bottcher said, “that level of support has not materialized.”
If the community advisory groups had approved the Times Square Caesars’ and Silverstein-Avenir bids, the proposals would have been forwarded to the statewide gaming facility location board for further review.
“Obviously, we are disappointed that our West Side elected officials didn’t see a path forward for The Avenir project. We are grateful to everyone who has supported this project and partnered with our team throughout this process and appreciate their confidence in our vision for the Far West Side,” said Dino Fusco, COO of Silverstein Properties.
The state Gaming Commission will issue up to three casino licenses by year’s end upon recommendations from the gaming facility location board.
Other casino proposals still in play include: the Genting Resorts World slot parlor’s bid to offer live table games at its existing Aqueduct facility in Queens; Mets owner Steve Cohen/Hard Rock’s bid to open a casino near the baseball team’s ballpark, also in Queens; Bally’s bid for President Trump’s former golf property in Ferry Point, The Bronx; The Coney consortium’s gambling bid in Coney Island; developer Stefan Soloviev and Mohegan Sun’s “Freedom Plaza” bid in Manhattan Midtown near the East East River; and MGM Resorts International’s bid to offer live table games at its Empire City slots parlor at Yonkers raceway.
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