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New York & Tri-State  + Uptown/Bronx  + Hospitality  | 

Bally’s Acquires Site for Future Bronx Casino

Bally’s Corp. has bought the development site for its new casino in the Bronx. The casino giant paid $157 million to buy 500 Hutchinson River Pkwy., formerly a Trump Organization-owned golf course, from the city, the New York Business Journal reported.

Under the deal, Bally’s will make capital improvements to Ferry Point Park and Ring Road. The company will invest $161 million to build new paths, trails, soccer fields and a playground while improving the existing sports fields and park area, reported the Business Journal.

Bally’s Bronx, one of three downstate projects that received gaming licenses at the end of 2025, is expected to be completed in 2030. The three-million-square-foot casino development will have a 500,000-square-foot gaming hall, 500-room hotel, retail space, 2,000-seat event center and two parking garages. The other two approved projects, from Resorts World and Mets owner Steve Cohen, will be located in Queens.

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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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