Cohen Casino Archives

In a bold move to reshape the landscape around the New York Mets’ home turf, Steve Cohen's ambitious plan to construct a casino complex adjacent to the stadium has garnered significant local support. Queens councilman Francisco Moya has thrown his weight behind the $8 billion Metropolitan Park complex proposal, envisioning a multifaceted entertainment hub encompassing gaming facilities, a plush hotel, and a vibrant music venue in the Flushing Meadows neighborhood. Expressing his fervent endorsement, Moya affirmed, “I wholeheartedly believe that Metropolitan Park is in Queens’ and New York City’s best interest." He further pledged his commitment to advancing the proposal through the New York City Council, advocating for legislative changes that would authorize the city to harness this transformative opportunity. "Let’s not allow that to happen. I look forward to supporting this historic project and making Metropolitan Park a reality," Moya added, emphasizing the potential for economic revitalization and community enrichment. Senator's Reluctance Puts the Brakes on Progress Despite Moya's vocal support, hurdles loom large for Cohen’s visionary endeavor. Senator Jessica Ramos' endorsement is deemed crucial for the project's advancement, as legislative amendments are indispensable to grant access to the state-owned World Fair parking lots earmarked for the development. Ramos' hesitance to engage in the legislative maneuvering casts a shadow of uncertainty over the casino's prospects, eliciting concerns from proponents like Moya, who underscored the urgency of seizing this unprecedented opportunity for growth and prosperity. Responding to criticisms, Ramos expressed reservations about the lack of transparency surrounding the project, stressing the need for genuine community involvement in decision-making processes. Amidst the political impasse, the fate of Metropolitan Park hangs precariously in the balance, awaiting decisive action from key stakeholders. Last autumn, Cohen made headlines by forging a strategic alliance with Hard Rock International, a global powerhouse in the hospitality and entertainment industry owned by the Seminole Tribe. The partnership aims to position Metropolitan Park as a frontrunner in the fiercely contested race for one of New York's coveted casino licenses, slated for distribution in 2025. Facing formidable competition from rival bids, including Resorts World backed by rapper Nas, Cohen's consortium is gearing up for a showdown against industry giants like Wynn, Bally’s, Sands, and Caesars. With billions at stake and the promise of transforming Queens into a premier destination for gaming and leisure, the battle for the lucrative casino license intensifies, underscoring the pivotal role of political alliances and public support in shaping the city's future landscape.

Cohen Casino

Cohen’s Casino Project Gains Local Support Between Legislative Hurdles