• bitcoinBitcoin(BTC)$78,856.00-2.88%
  • ethereumEthereum(ETH)$2,258.20-4.16%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$697.09-7.54%
  • rippleXRP(XRP)$1.24-6.71%
  • usd-coinUSDC(USDC)$1.000.05%
  • solanaSolana(SOL)$96.27-5.90%
  • tronTRON(TRX)$0.3305830.51%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.051.30%
  • HyperliquidHyperliquid(HYPE)$92.4914.55%
  • zcashZcash(ZEC)$1,251.87-3.49%
  • dogecoinDogecoin(DOGE)$0.075451-5.85%
  • moneroMonero(XMR)$617.703.74%
  • USDSUSDS(USDS)$1.00-0.04%
  • whitebitWhiteBIT Coin(WBT)$75.57-3.06%
  • leo-tokenLEO Token(LEO)$9.460.38%
  • chainlinkChainlink(LINK)$11.02-6.61%
  • cardanoCardano(ADA)$0.190783-7.45%
  • stellarStellar(XLM)$0.162253-6.32%
  • bitcoin-cashBitcoin Cash(BCH)$271.94-5.79%
  • nearNEAR Protocol(NEAR)$4.16-11.88%
  • RainRain(RAIN)$0.006581-4.84%
  • daiDai(DAI)$1.010.78%
  • Ethena USDeEthena USDe(USDE)$1.00-0.05%
  • litecoinLitecoin(LTC)$54.91-6.55%
  • uniswapUniswap(UNI)$6.62-8.20%
  • USD1USD1(USD1)$1.00-0.11%
  • CantonCanton(CC)$0.096018-4.04%
  • avalanche-2Avalanche(AVAX)$8.36-7.08%
  • suiSui(SUI)$0.88-7.40%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.17-5.63%
  • tether-goldTether Gold(XAUT)$4,012.62-1.12%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • hedera-hashgraphHedera(HBAR)$0.069072-8.77%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.04%
  • BittensorBittensor(TAO)$238.38-7.85%
  • shiba-inuShiba Inu(SHIB)$0.000005-6.21%
  • quant-networkQuant(QNT)$183.14-8.61%
  • Ripple USDRipple USD(RLUSD)$1.00-0.02%
  • crypto-com-chainCronos(CRO)$0.051396-4.33%
  • EthenaEthena(ENA)$0.187792-11.03%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.00%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • MemeCoreMemeCore(M)$1.02-2.53%
  • okbOKB(OKB)$110.53-0.63%
  • BitwayBitway(BTW)$1.52-11.53%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • pepePepe(PEPE)$0.000005-3.03%
  • aaveAave(AAVE)$126.08-7.09%
  • OndoOndo(ONDO)$0.390580-7.64%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Councilman Francisco Moya backs Steve Cohen’s $8B NYC casino plan

March 29, 2024
in Business
Reading Time: 3 mins read
A A
Councilman Francisco Moya backs Steve Cohen’s B NYC casino plan
ShareShareShareShareShare

Queens Councilman Francisco Moya endorsed Mets owner Steve Cohen’s plan to build an $8 billion casino complex next to Citi Field — but state Sen. Jessica Ramos, another influential political player who can make or break the project, is not on board.

YOU MAY ALSO LIKE

Saloon named California’s best hole in the wall for comfort food

Demand for weight-loss drugs fuels Eli Lilly stock surge — market cap hits $1.2 trillion

“I wholeheartedly believe that Metropolitan Park is in Queens’ and New York City’s best interest,” Moya who represents the communities around Flushing Meadow Park and Willets Point said in a statement Thursday — referring to the name of Cohen’s proposed gaming center, hotel, and music venue.

For Cohen’s casino project to succeed, he needs the state Legislature to approve a law to reconvert the lots around Citi Field designated as park land since the World’s Fair was for commercial use — something Ramos has not agreed to do.

Steve Cohen’s plan to build a casino near Citi Field has been endorsed by Queens Councilman Francisco Moya. Charles Wenzelberg / New York Post
Coehn’s proposed “Metropolitan Park” plans. Provided

“I am committed to advancing a New York City Council home rule message for the State to authorize the City of New York to seize this opportunity, by permitting additional uses on this land to facilitate the sports, entertainment, and recreational park,” Moya said.

Moya is a fervent backer of another project next to the Cohen casino, a new professional soccer stadium for the New York City Football Club.

He gushed the casino-entertainment complex “will provide the economic engine to drive people to the area year-round and create a world-class fan experience for the millions who come to Citi Field, the USTA Tennis Center, and all those who will soon be coming to cheer on the NYCFC.”

“If we fail to seize this once-in-a-lifetime opportunity, we ensure that the area around Citi Field remains underutilized parking lots for the foreseeable future; and we permanently stymie the future growth potential of Queens. Let’s not allow that to happen. I look forward to supporting this historic project and making Metropolitan Park a reality,” the councilman said.

Moya called the plan for the entertainment complex an “economic engine” that will bring people to the area all year. J.C. Rice

But Senator Ramos, whose support is critical to passing a law in Albany for the project to proceed, is still playing high-stakes poker and issued a statement critical of Cohen team’s lobbying strategy — on the eve of her holding another town hall meeting on the project.

“I question the strategy here. This press release, the last minute press conference before my third town hall, the paid canvassers at my first town hall – these are not the open and transparent moves that I would expect from someone claiming to value real, honest community engagement,” Ramos said in a statement texted to The Post.

Get all the stories that move New York to your inbox

Sign up for our Metro Daily newsletter!

Thanks for signing up!

A day earlier, Ramos posted a picture of herself on social media with rapper Nas, who is part of the Genting Resort World slot parlor’s competing bid to obtain a full casino license to offer table games and open a music venue.

New York state Sen. Jessica Ramos hasn’t given her support to the Queens casino project. Getty Images

Moya’s announced support comes just days after state regulators said they won’t decide on up to 3 new casino licenses in the New York City area until late 2025 — a delay critics say deals the local economy a bad hand.

But casino industry sources said the go-slow timetable gives Cohen more time to strengthen his hand in Albany.

Cohen is said to maintain cordial ties to Mayor Eric Adams and Gov. Kathy Hochul, other big players in the casino sweepstakes.

Other proposed casinos include The Related Companies/Wynn proposal for Hudson Yards, SL Green/Caesars/Roc Nation in Times Square, the Thor Equities consortium in Coney Island, Bally’s at Ferry Point in The Bronx and Sands at the Nassau Coliseum Hub.


Credit: Source link

ShareTweetSendSharePin

Related Posts

Saloon named California’s best hole in the wall for comfort food
Business

Saloon named California’s best hole in the wall for comfort food

October 29, 2026
Demand for weight-loss drugs fuels Eli Lilly stock surge — market cap hits .2 trillion
Business

Demand for weight-loss drugs fuels Eli Lilly stock surge — market cap hits $1.2 trillion

October 29, 2026
Everyday essentials push credit balances higher as debt delinquency rises
Business

Everyday essentials push credit balances higher as debt delinquency rises

October 29, 2026
DoorDash buys Instacart for B in massive food delivery merger
Business

DoorDash buys Instacart for $17B in massive food delivery merger

October 29, 2026
Next Post
March Madness: UConn overwhelms SDSU on defense, glass in another dominant tournament effort

March Madness: UConn overwhelms SDSU on defense, glass in another dominant tournament effort

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
EVV: Deep Discount Opens Up Creating Opportunity (Rating Upgrade)

EVV: Deep Discount Opens Up Creating Opportunity (Rating Upgrade)

October 25, 2026
Suspect in Oregon school shooting was a special needs student

Suspect in Oregon school shooting was a special needs student

October 24, 2026
Student at Oregon elementary shooting sounded ‘very scared’ in call to family 

Student at Oregon elementary shooting sounded ‘very scared’ in call to family 

October 24, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!