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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. The casino would be upscale and would be part of the newly created district that has been developed by the Related Companies that consists of office towers, high-end stores and luxury apartments. The company aims to create a Monte Carlo-style casino that will attract wealthy tourists from around the world. 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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Ramos decided against introducing a parkland alienation bill last year, and has said in recent months that she doesn’t plan to do anything differently this year. In November, all five of the community boards charged with reviewing the plan voted in favor of Cohen’s casino. Still, The Coney project has had a difficult time winning over local residents.

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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. 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. The ante to merely apply is $1 million, with successful bidders required to pay $500 million upfront for the license and at least $500 million as part of a development plan. Licenses will be good for a minimum of 10 years and a maximum of 30 years. Without question, the three winning bids will have the potential to reshape the socioeconomic landscape of the New York City metro area. Ten high rollers continue to vie for three lucrative full casino licenses in downstate New York in a years-long race that evolved from a sprint to a marathon.

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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.

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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. 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. The Times Square plan involves redeveloping 1515 Broadway, an office skyscraper in the heart of Times Square by West 44th Street that has an existing Broadway theater located on the ground floor. The casino would be housed in the building, which would also include a hotel and restaurants. Both Resorts World NYC and MGM Empire city are likely to have little community resistance, pundits say, and would be able to convert to a full casino relatively quickly.

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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.

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