Actual property magnate Larry Silverstein is the newest well-known determine to enter the race to get one in all 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 mission.
borders a number of neighborhoods with out being central to at least one
It’s because the situation borders a number of neighborhoods with out being central to at least one, which might imply fewer points with native residents in accordance with Silverstein’s crew. He has partnered with Watche Manoukian, who owns the Parx On line casino in Pennsylvania, to take care of the playing aspect of the mission.
Larry Silverstein is a outstanding New York Metropolis actual property magnate who was the person behind the redevelopment of the World Commerce Heart following the 9/11 terror assaults.
Speaking to The New York Occasions on Thursday, Silverstein stated that his proposal is essentially selfless because the state wants main tax income to help the area’s transportation system upon which the New York Metropolis economic system particularly relies upon so closely. As a serious landlord, he has an funding within the metropolis’s future.
There are anticipated to be about ten totally 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.
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