[NYguy]

Related feels pretty good about the bid...


https://nypost.com/2024/07/14/busine...adison-avenue/

Related Companies to build 1,200-foot skyscraper on Madison Avenue


By Steve Cuozzo
Published July 14, 2024

Although it might seem to put Blau on the political hot seat as Related tackles the challenge of winning state approval for a casino license at Hudson Yards, Blau characterized it as essentially a “formality.”

...the most ambitious item on Related’s Big Apple agenda is its proposal to build a 3 million-square-foot, Wynn-branded casino resort on Hudson Yards’ still undeveloped western side.

Blau couldn’t contain his enthusiasm for Related’s $12 billion plan to finally build out the entire western yard.

“It certainly doesn’t get any bigger than this,” Blau said. As The Post first reported last summer, the resort skyscraper would contain a 250,000 square-foot casino, a 1,700-key hotel and twenty restaurants.

The western yard plan also includes a two million square-foot office tower, a one million square-foot apartment tower to include 324 affordable units, a new public school and a near 6-acre public park – “larger than Bryant Park,” Blau said.

But it’s up to the New York State Gaming Facility Location Board, which expects to select a winning proposal of ten-odd submissions for a casino license in New York City by the end of 2025.

State officials are eager to see the completion of Related’s entire 26-acre Hudson Yards site. But other casino-partnership proposals also promise extensive neighborhood benefits.

He downplayed recent objections by Friends of the High Line over the height of a podium on which the casino/hotel tower would stand, saying Related has met with the group ten times in the past year and made modifications to the design.