NEW YORK | Hudson Yards Phase 2 | 1,366 - 1,189 - 1,172 FT | 80/80/74 FLOORS

[NYguy]

Executives from The High Line have also written to say that they would like to see “the preservation of key sight lines” from their park and “a space free from buildings that unnecessarily encroach and overwhelm it.”

taigatrommelchen

[NYguy]

https://www.northjersey.com/story/ne...s/73360837007/

Casinos at Hudson Yards, Citi Field? Atlantic City casinos see a major threat


Daniel Munoz
April 18, 2024

A New Jersey casino executive and the state’s top gaming lobbyist said during a major casino conference Wednesday that a New York City casino could be a “threat” to the gambling industry in New Jersey.

Those remarks by Mark Giannantonio — president of Resorts Casino Hotel in Atlantic City and president of the trade group the Casino Association of New Jersey — echoed similar remarks made by a top gaming executive last year.

” They’re going to be Las Vegas-style massive properties and they will generate new business — of course people coming up from South America, Europe, Asia,” Giannantonio told reporters after a panel hosted by the East Coast Gaming Congress at Hard Rock in Atlantic City Wednesday.

“It’s also going to impact eastern Pennsylvania, Atlantic City, Connecticut," he said.

New York Mets owner Steve Cohen is lobbying state officials for his plans to build an $8 billion casino with Hard Rock near Citi Field in Queens. Sands has plans for a sprawling casino resort on Long Island, having already completed a long-term lease purchase of property at the site of the Nassau Coliseum.

Meanwhile, Wynn Resorts and developer Related Cos. are partnering with plans for a $12 billion casino at the Hudson Yards area in Manhattan along the Hudson River.

Another casino has been proposed for Times Square, and another on the East Side close to the United Nations world headquarters.

“If it ends up in Manhattan, either Hudson Yards, Times Square or the East Side, it’s going to be fairly devastating, I think, for Atlantic City,” said David Naczycz, executive director of the Fintech and Sports Wagering Innovation Center, based out of Jersey City.

A casino elsewhere in the New York metro area, such as Queens, would be less impactful for Atlantic City, he said.

“The trip from Montclair to far east Queens is just as bad as the trip down to Atlantic City, and there’s more tolls,” Naczycz said.

[NYguy]

https://therealdeal.com/new-york/202...y-for-casinos/

City Council approves zoning change to greenlight casinos
Limited-time text amendment removes one hurdle in the process


By Kathryn Brenzel
April 18, 2024

One hoop down, several left to jump through

The City Council on Thursday signed off on a zoning text amendment that will remove one hurdle for companies vying for three downstate casino licenses.

The change simply allows a gaming facility to open in manufacturing and commercial districts, something that is not currently permitted under the city’s zoning rules. The amendment is tailored to the current competition, only applying to applications filed for a casino before June 25, 2025.

The City Planning Commission and members of the City Council framed the text amendment as a way to “level the playing field” for casino contenders. It ensures that the Council can’t, on its own, kill a proposal, though it will have sway on other zoning changes needed for some bids and local members will still have a say as part of the state’s approval process.

The change saves casino proposals from going through a separate land use review process to merely exist, even if they include a hotel, which now requires a special permit. The change would also help avoid duplicative and lengthy environmental reviews at the city level before beginning the state process.

Ahead of the vote, Council member Kalman Yeger, one of 15 members who voted against the action, characterized the text amendment as a “blank check to applications that we have not reviewed.” He questioned why the council would willingly give up authority over a land use issue.

Some casino proposals already require separate city and state approvals outside the casino application process. Related Companies needs the city to approve zoning changes for its site at Hudson Yards. Steve Cohen’s Willets Point plan and Bally’s proposal in the Bronx are on parkland and require state legislative approval to remove that designation.