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Actual property magnate Larry Silverstein has proposed constructing a on line casino on a website he owns 4 blocks from Instances Sq. in New York Metropolis. [Image: Shutterstock.com]
Actual property magnate Larry Silverstein is the most recent well-known determine to enter the race to get one in all three coveted downstate New York on line casino licenses. The 92-year-old has by no means invested in or owned a on line casino, however he’s the proprietor of a website 4 blocks from Instances Sq. that he believes is ideal for such a undertaking.
borders a number of neighborhoods with out being central to at least one
It is because the situation borders a number of neighborhoods with out being central to at least one, which may imply fewer points with native residents in keeping with Silverstein’s workforce. He has partnered with Watche Manoukian, who owns the Parx On line casino in Pennsylvania, to take care of the playing aspect of the undertaking.
Larry Silverstein is a outstanding New York Metropolis actual property magnate who was the person behind the redevelopment of the World Commerce Heart following the 9/11 terror assaults.
Speaking to The New York Times on Thursday, Silverstein mentioned that his proposal is essentially selfless because the state wants main tax income to assist the area’s transportation system upon which the New York Metropolis economic system particularly relies upon so closely. As a serious landlord, he has an funding within the metropolis’s future.
There are anticipated to be about ten totally different proposals for the three on line casino licenses. They embody pitches to develop a on line casino bedside the New York Mets’ ballpark, in Instances Sq., Hudson Yards, and Lengthy Island.
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