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Resorts World NYC Launches Phase Two of $5.5B Project

Resorts World New York City broke ground on Phase Two of its $5.5-billion resort less than three months after the property’s grand opening and a day after unveiling 1,400 new slot machines. The expansion will add two million square feet of new gaming, entertainment, dining, retail and convention space to the existing one-million-square-foot property. 

“In less than three months after opening our doors as the first casino in New York City’s history, we are already moving towards a day when the city will have a first-of-its-kind integrated resort,” said Tan Sri Lim Kok Thay, executive chairman of the Genting Group. “Not only are we keeping every commitment we made in our proposal to the state, but we are running well ahead of schedule in starting to build outside of our existing building.” 

Elements of Phase Two that will get started after today’s groundbreaking include the development of an additional 400-key hotel to add onto the current Hyatt Regency; the Kenny “The Jet” Sports and Media Complex, which will open three years earlier than initially pledged; a 1,700-seat multi-purpose room; 1,200 additional hotel rooms under the Crcokfords brand; a central plaza; and a parking garage.

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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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