Overview
- The $5.4 billion Caesars Palace Times Square plan backed by Jay‑Z’s Roc Nation, Caesars and SL Green was voted down 4–2.
- A separate 4–2 vote also rejected Silverstein Properties’ Avenir proposal near Hudson Yards, leaving only the Freedom Plaza bid near the U.N. as Manhattan’s remaining contender.
- The Community Advisory Committee decisions bar both proposals from reaching the state Gaming Facility Location Board for licensing review.
- Broadway interests and neighborhood groups led the opposition, while SL Green CEO Marc Holliday condemned the outcome as a “despicable display of cowardice.”
- Remaining CAC votes conclude by Sept. 30, with active bids including upgrades at Resorts World in Queens and MGM’s Empire City in Yonkers, a Queens plan near Citi Field, a Bronx golf course project and a Coney Island proposal, ahead of license awards expected later in 2025.