Steve CohenThe American hedge fund supervisor and proprietor of the New York Mets MLB franchise has kept away from signing a deal. New York Metropolis FC share one thing 50 acres of parking. The billionaire plans to make use of the land for a on line casino sooner or later, however has not agreed to a deal to permit New York Metropolis FC followers to park there.
Cohen now owns the land in hopes of acquiring considered one of New York’s on line casino licenses. The state will grant solely three such licenses, however outstanding firms and buyers are already planning for potential playing venues.
A deal Cohen disagreed with would have allowed NYCFC followers to park at Citi Subject for the Mets once they got here to see a recreation at Willets Level Stadium. The stadium, nonetheless below building by Queens Improvement Group, might be a part of a posh that may also embody housing and a college. Within the second part of the undertaking, the soccer stadium might be accomplished, extra housing might be added and a brand new 350-unit lodge might be constructed.
The primary facility will not be accomplished till 2026, however the undertaking would require some coordination between the Mets and NYCFC. The 2 franchises have overlapping seasons and have to coordinate parking areas for stadium-goers.
Cohen should be keen to barter with the Queen’s Improvement Group to succeed in an settlement, nonetheless. Beneath an settlement with the Mets, the group’s present planning paperwork state that members in soccer occasions at Willets Level Stadium will occupy the area round Citi Subject.
About Cohen’s undertaking
The billionaire has but to signal a contract due to his land ambitions. However even constructing a on line casino can be a tough course of contemplating the location is legally thought-about a parkland.
For on line casino growth to turn out to be a actuality, Cohen must alienate many individuals. He has already launched laws for it, however regardless of his lobbying efforts, town continues to oppose his plans.
In the meantime, a current ballot confirmed that many Queens residents tended to favor the thought of constructing a on line casino within the space. About 78% of residents expressed help for the undertaking, in response to a survey performed by Shane Cooperman Analysis.
