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Related, Wynn Team Up to Pursue License for NYC Casino

Related Companies has teamed with Wynn Resorts to pursue a license for a casino/entertainment complex to be built over the rail yard on the western side of the 28-acre Hudson Yards complex, the New York Post reported. The casino would be situated near the recently expanded Jacob K. Javits Convention Center. 

New York State earlier this year authorized three downstate gaming licenses, two of which Mayor Eric Adams wants for New York City. But the state Gaming Commission hasn’t issued a formal request for proposals yet. 

The Post reported that SL Green, Vornado Realty Trust and Thor Equities are among other developers interested in building a casino at various sites in the Big Apple from Times Square to Coney Island. 

Related is the first contender for the license to pair with a major casino operator. Its competitors have pursued Hard Rock and Sands, but no deals have emerged.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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