End of the road for the Casino proposal of Silverstein

End of the road for the Casino proposal of Silverstein

For the near future, the Silverstein Properties site on 41st Street and 11th Avenue will remain a ‘gigantic gap in the ground’.

The six -member Community Advisory Committee rejected the proposal on Wednesday, in a voice of 4 to 2.

The No -Voting followed the rejection of SLEEN’s pitch for a casino, which aroused an emotional response from CEO Marc Holliday, who warned the CAC and called the vote ‘Vuldant’.

Silverstein, together with Rush Street Gaming and Greenwood Gaming & Entertainment, threw the Avenir, a $ 7 billion casino complex for a long-term midtown site. The project is said to have had a Hyatt hotel with 1,000 key, as well as restaurants, bars and an entertainment location with 150 seats.

The developer also promised to finance the conversion of offices in 2,000 homes of homes, in and around Community Board 4. The company did not mention specific properties, but noted on its first public hearing last month that the 92 feasible sites had identified and was planning to evaluate another 146. Of course, the company should acquire to move properties with conversion plans.

Just like the CAC of SLE GREEN, members of the Silverstein Committee include arranged by chosen officials who publicly rejected the addition of a casino in Manhattan, including senator Brad Hoylman-Sigal.

The Silverstein team asked the CAC to postpone the vote on Wednesday morning, with reference to the committee on Tuesday evening ‘a very important request’. Silverstein’s Dino Fusco said the request was to add $ 1 billion in more housing to his proposal.

Silverstein indicated that, because it was not given enough time to consider the request, the vote must be postponed. A spokesperson for the team said the late request “the CAC process” affects. “Angel Vasquez, who was appointed by Gov. Kathy Hochul in the CAC, agreed during the meeting that the mood should have been pushed.

However, the CAC has rejected the request.

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