New York & Tri-State + Outer + Hospitality | February 6, 2023

Thor Equities and its development partners are proposing a $3-bilion casino project for Coney Island

Former NYC Councilman Cornegy Joins Push for Coney Island Casino

Brooklyn native, former New York City Councilman and former Doe Fund EVP Robert Cornegy is joining the Coney Island venue team as the partnership of Thor Equities, Saratoga Casino Holdings, the Chickasaw Nation and Legends prepares its official response to the New York State Gaming Facility Location Board’s request for downstate casino license applications.

“This project represents Brooklyn’s next big moment, and I can’t think of a better place for a world-class entertainment venue than right here in Coney Island,” Cornegy said.

Cornegy has led the charge on a number of key economic development initiatives. They include the Chamber on the Go program, which provides a wide array of mobile support services to small businesses, and securing a commitment from SMJ Development to provide affordable and sustainable retail leasing opportunities for small business owners helping ensure the development of affordable mixed-use projects during his time on the council.

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Inside The Story

Coney Island Venue's Cornegy

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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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