Related and Wynn’s proposal for a $10 billion development would include a 1,700-room resort tower designed to serve casino customers and Javits Center attendees, CEO Jeff Blau told the NY Post. In Hudson Yards, Wynn Resorts (who are partnering with real estate giant Related) have invested a reported $176,000 in lobbying funds in hopes of swaying Manhattan’s Comptroller Brad Lander as well as Manhattan Community Board 4’s Chair Jeffrey LeFrancois to support their plan for a 3-million square-foot casino at the Western Rail Yards. While licenses won’t be announced until “later in 2023 at the earliest”, eager bidders have already plunked down their chips - $2.6 million of them, according to Crain’s - in lobbying city leadership to support their ventures, which could generate an estimated $2 billion in yearly revenue for each casino.
Will Midtown be getting a casino at Times Square or Hudson Yards? Photo montage: Manish Tulaskar/Unsplash & Phil O’Brien Viva Hell’s Vegas? As New York State gets ready to grant three gambling licenses to New York City, developers and casino companies across the city are placing their bets on Times Square and Hudson Yards and hoping elected officials and community boards will do the same.
