Sports News
| Published On May 20, 2023 3:15 am CEST | By iGaming Team

Cohen’s Casino Dream Stalls NYCFC’s Stadium Project

Share

According to Front Office Sports, New York’s robust athletic environment is experiencing a unique convergence of interests. The heart of the problem is around Steve Cohen, owner of the New York Mets of Major League Baseball, and his negotiations with the nearby New York City FC (NYCFC), a Major League Soccer team. The sticking issue is the Mets’ parking lot, which Cohen is hesitant to let NYCFC use for free. The subplot is Cohen’s interest in a casino construction proposal near the Mets’ home stadium, City Field Stadium in Queens, New York City.

Location and Proximity

Citi Field is a well-known baseball stadium located in Queens’ Flushing Meadows-Corona Park. It was built in 2009 and is the home of the New York Mets. Yankee Stadium, located around 7 miles away, is a multi-purpose arena that serves as home to both the New York Yankees of Major League Baseball and New York City FC.

NYCFC’s Quest for Independence

The New York City Football Club, which now shares Yankee Stadium with the New York Yankees, is working on proposals for a standalone 25,000-seat stadium and housing development. The goal is to separate their game schedules from the Yankees’. The suggested location for the new stadium is near Citi Field, but Cohen’s development ambitions appear to be throwing a wrench in the works.

While the soccer team hopes to use the Citi Field parking lot for home games, it is not required to provide parking for visitors. However, Mets clearance is required. Meanwhile, Cohen is rumored to be researching places near Citi Field for a casino, taking advantage of the parking lot permission discussions for NYCFC.

Giving Back to the Community

The stadium proposal for the New York City Football Club was designed to give more than just entertainment. The construction near Citi Field will also include 2,500 affordable housing units and a 650-seat school, according to the plan. These initiatives seek to turn the neighborhood into a residential and entertainment hotspot, creating a favorable climate for future associated developments.

5BTC or 111% + 111 Free Spins!
New players only. Exclusive 111% Welcome Bonus + 111 Free Spins
Casino

According to Front Office Sports, the residential area may take priority during the building phase, with the soccer stadium and a 350-room hotel following in the project’s second stage. According to the plan, building might begin by the end of 2024, with completion in time for the 2026 World Cup and the 2027 Major League Soccer season.

Final Dilemma

However, NYCFC’s ambitions are contingent on Cohen’s permission to use the Mets’ parking lot. As Major League Baseball’s owner, Cohen holds the cards in this arrangement while also looking for the greatest development deal for his casino site near Citi Field. As Cohen joins forces with Seminole Hard Rock in a bid for a New York City casino license, NYCFC’s ambitions face competition from Las Vegas Sands, Resorts World, Related Cos., and Wynn Resorts.

Tags: USUS Sports