In April 2022, the New York State Legislature granted three gaming licenses, paving the way for the establishment of new casino venues in New York City. Following this decision, various companies are vying to secure one of these licenses. A notable contender is the joint bid from Related Companies and Wynn Resorts, proposing a $12 billion casino complex in Hudson Yards, near the Lincoln Bridge.
The rapid expansion of both physical and online gaming has prompted local authorities to adapt. While states like New Jersey and Pennsylvania have legalized online casinos, benefiting from tax revenues, global iGaming platforms continue to proliferate. For example, platforms such as Card Player offer advanced gaming options and payment methods, including blockchain and cryptocurrency, which outshine traditional online and offline casinos. In this competitive landscape, local officials are seeking ways to support rather than hinder the industry.
Support from NY City Planning Commission
On April 9, the New York City Planning Commission endorsed Related’s Hudson Yards West complex proposal with a majority vote of 9-2. The plan envisions a casino and resort alongside an office building, a 5.6-acre public park, numerous affordable housing units, and a public school. The project, initially submitted over a year ago, aims to construct three skyscrapers: an office tower, a residential building with approximately 1,500 apartments, and a casino/resort. The proposed Hudson Green park is designed to extend to the Hudson River, featuring playgrounds, gardens, and green spaces, built atop a 10-acre platform over an old railway yard.
However, there are concerns regarding this development.
Concerns Over Modifications to the Original Plan
The proposal by Related Companies and Wynn Resorts is based on an original plan from 2009. Residents and some political figures are troubled by the significant reduction in planned residential units—originally 5,000 units, now only about 1,500. This cut raises concerns about sustainable living issues in Manhattan, leading to dissatisfaction from local residents.
Critics also cite architectural concerns, suggesting that the planned skyscrapers could negatively impact the aesthetic of the Manhattan High Line. Activists have argued for lower building heights than the proposed 80-story office tower and the other two similarly tall structures.
Future Prospects
The City Planning Commission clarified that their April 9 decision pertains only to adapting the 2009 plan and does not equate to approving the casino complex at the proposed scale. Furthermore, the Commission has urged an increase in public space within the development to provide more recreational options for residents.
Earlier, in January, the Manhattan Community Board expressed overwhelming opposition to the casino complex. Mark Levine, President of the Manhattan Borough, indicated that the proposal should be rejected due to insufficient housing units for the local area.
Given these developments and the Commission’s recent vote, Related Companies and Wynn Resorts’ Hudson Yards proposal stands a better chance of approval if they address community concerns related to housing. With adjustments to align with local needs, the plan may proceed.
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