As reported, the hedge fund billionaire is partnering with Hard Rock International to propose a development of an $8 billion casino and entertainment complex in Queens next to the Citi Field baseball stadium.įortune reports that the details of his proposal and the confirmation of the partners were released on November 7, 2023. One of them, New York Mets owner Steve Cohen, is now making a crucial step forward to take a lead over the competitors.
The withdrawal of the Vornado Realty Trust from the race for the last midtown New York casino license seems to have raised the spirit of the remaining four major potential bidders.