The state Senate approved crucial land-use changes with a 54-5 vote on May 27, moving billionaire Steve Cohen’s ambitious Queens casino project forward. This decision advances Cohen’s plan to build a casino complex on a 50-acre parking lot near Citi Field, currently public parkland. Governor Kathy Hochul’s signature is the next step to bring the $8 billion Metropolitan Park project closer to fruition.
Cohen, known for owning the New York Mets, has faced obstacles, including local opposition and public parkland concerns. The site, mainly parking lots west of Citi Field, must be “alienated” by the state for redevelopment. State Senator Jessica Ramos, representing the area, opposed the bill, citing negative impacts on her community. Despite her objections, the bill passed, supported by Senator John Liu, who sponsored the legislation. Liu emphasized job creation and infrastructure benefits, including an elevated park connecting Downtown Flushing and Willets Point.
The state Assembly passed the legislation earlier in the month. Governor Hochul’s stance remains unknown, but her approval is required for the project to proceed. Cohen’s proposal is among nine vying for one of three downstate casino licenses the state will award by the end of 2025.
Cohen and his partners have invested heavily in lobbying to gain support from officials. However, community opposition persists. Activists, including Alexis Kaloyanides from Jackson Heights, criticize it as a “land grab” favoring a billionaire over local neighborhoods. Ramos, a New York City mayoral candidate, questions community treatment, asking if they are partners or pawns. Senators opposing the bill included Jabari Brisport, Cordell Cleare, Joseph Addabbo, and Liz Krueger, who criticized using public land for a casino, arguing against its economic development value.
Cohen’s site vision includes an entertainment district and parkland development, with 20 acres designated for park space. The collaboration with Hard Rock International is key for entertainment and hospitality development.
With rivals like Related Companies and Wynn Resorts stepping back from Manhattan casino endeavors, Cohen’s project is now a frontrunner for one of the final licenses. The next steps involve local board reviews and state gaming authority selection.
Cohen expressed optimism after the vote, highlighting community engagement and the transformation potential of the current site into a source of pride for neighbors. He committed to ongoing collaboration with the community and fans.
- SCCG Management. The Gambling Industry’s Global Connector. Access Here.
- Source: SCCGManagement.com
