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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.
- ◦Development
- ◦Policy/Gov't