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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. 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.
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On Wednesday, Bally’s Corporation announced a community benefits agreement for the project that pledges to provide more than $200 million in community investment. The gaming giant says the Bronx casino will also provide 15,000 construction jobs and more than 4,000 permanent jobs for local residents. A casino is at the heart of the Metropolitan Park plan, which is entirely contingent upon the venture receiving one of the three coveted downstate gaming licenses.
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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. In January, local Community Board 13 recommended denial of the application, with residents skeptical that Thor Equities would come through with its promises of $200 million in community investment.
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