[NYguy]

https://www.nytimes.com/2025/05/19/n...son-yards.html

In a statement, a Wynn spokesman, Michael Weaver, said the company had better uses for its capital “than investing in an area in which we, or any casino operator, will face years of persistent opposition despite our willingness to employ 5,000 New Yorkers.”

The casino proposal was part of a mixed-use development that would have included apartments, office space and a school. The deal the developers have struck with Mr. Bottcher eliminates the casino, adds more apartments than would have been built under the original casino proposal and allows for more office development than the original deal that Related Companies struck with the city in 2009. The earlier casino plan included 1,500 housing units, but Related recently offered to build up to 4,000 residences, in an effort to appease critics.

Related faced rising costs to build a platform over the rail yard, which would have been required before the construction of buildings could begin. The price doubled from an earlier estimate of $1 billion, and Related officials believed that the initial vision of the property was no longer economically feasible.

The new plan would use revenues generated by the new buildings to help pay for the platform; a similar finance structure was used on the first half of Hudson Yards, including to help pay for an extension of a subway line to the neighborhood.

https://gothamist.com/news/a-casino-...-housing-units

Upon hearing of the deal, Friends of the High Line, a community group that has opposed the rezoning effort, sent out a text blast on Monday, warning of “very troubling news,” signaling the group wasn't happy with the latest turn of events either.

The message urged community members to “please call Erik Bottcher right now and tell him to not be fooled.”