“Cohen Reveals Plans for Metropolitan Park, Featuring Proposed Queens Casino”

Posted on: November 7, 2023, 03:08h.

Last updated on: November 7, 2023, 03:08h.

New York Mets owner, Steve Cohen, has revealed an $8 billion casino development project near Citi Field in Queens, NY. The project, named “Metropolitan Park,” is set to include 20 acres of park space, dining options, a live music venue, and a casino hotel operated by Hard Rock International.

cohen sands
New York Mets owner, Steve Cohen, has unveiled plans for Metropolitan Park, which includes a casino. (Image: New York Post)

“It’s time New York got the sports and entertainment park it deserves,” said Cohen in a statement. “Metropolitan Park delivers on the promise of a shared space that people will not only want to come to and enjoy, but can be truly proud of.”

Metropolitan Park will confirm the long-running rumors about Hard Rock and the gaming arm of Florida’s Seminole Tribe as Cohen’s operator of choice. This comes after speculation surrounding potential talks with Las Vegas Sands last year.

Inside the Fight for Queens Casino

Steve Cohen, with an estimated net worth of $19.8 billion, has been lobbying New York politicians and contributing to key Democrats in a push to transform Willets Point into an entertainment destination with a gaming venue.

The land designated for Metropolitan Park needs to change from a parkland classification for commercial development to occur. Similar scenarios apply to other areas in which casino development is hoped for in New York.

New York State Sen. Jessica Ramos, a Democrat representing the communities closest to Citi Field, has expressed her opposition to legislation that would change the parkland designation. She continues to hold her position on this matter.

However, Cohen’s Metropolitan Park idea has received support from the Queens Chamber of Commerce and Borough President Donovan Richards. These entities hope to transform the area into a gaming venue.

In Queens Casino Bid, Cohen Highlights Data

Regarding when New York regulators might award the three downstate licenses, there is ongoing debate. However, Cohen is leaning into data to support the Queens casino effort, highlighting the significant population and visitor figures that the plan hopes to draw.

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