Actual property magnate Larry Silverstein has proposed constructing a on line casino on a website he owns 4 blocks from Occasions Sq. in New York Metropolis. [Image: Shutterstock.com]
Actual property magnate Larry Silverstein is the newest well-known determine to enter the race to get one in every of three coveted downstate New York on line casino licenses. The 92-year-old has by no means invested in or owned a on line casino, however he’s the proprietor of a website 4 blocks from Occasions Sq. that he believes is ideal for such a venture.
borders a number of neighborhoods with out being central to 1
It is because the placement borders a number of neighborhoods with out being central to 1, which might imply fewer points with native residents in accordance with Silverstein’s staff. He has partnered with Watche Manoukian, who owns the Parx On line casino in Pennsylvania, to take care of the playing facet of the venture.
Larry Silverstein is a outstanding New York Metropolis actual property magnate who was the person behind the redevelopment of the World Commerce Middle following the 9/11 terror assaults.
Speaking to The New York Times on Thursday, Silverstein stated that his proposal is basically selfless because the state wants main tax income to assist the area’s transportation system upon which the New York Metropolis economic system particularly relies upon so closely. As a significant landlord, he has an funding within the metropolis’s future.
There are anticipated to be about ten completely different proposals for the three on line casino licenses. They embrace pitches to develop a on line casino bedside the New York Mets’ ballpark, in Occasions Sq., Hudson Yards, and Lengthy Island.