Cohens casino gets City Council approval

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The commission, which is around a year behind its original timeline for issuing the downstate casino licenses, is expected to hand out the three approvals in the final days of 2025. In order to get the council’s OK, Cohen would need two-thirds of the group to vote in support of Metropolitan Park. The property would also include boutique shops, two luxury hotels, a live entertainment venue, a conference center, and open space, in addition to a casino taking up less than 10% of the footprint. The development would be spread across 16.75 acres on the public golf course at the park. Steve Cohen, the billionaire owner of the New York Mets, has floated the possibility of building a casino as part of an entertainment complex on the 50-acre asphalt parking lot next to Citi Field. Rolled out last June, the plan also includes $250 million in community reinvestment to support businesses and groups in Midtown and nearby Hell’s Kitchen.

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The structure, dubbed “The Coney”, would feature a new hotel just steps from the iconic boardwalk. Bally’s, a large gaming company that operates in Atlantic City, is looking to develop a casino at Trump Golf Links in Throggs Neck. Cohen has held meetings, including two visioning sessions, with the public to solicit feedback as to what to incorporate in his plans. According to Soloviev, the overall project is being dubbed “Freedom Plaza,” and it would also include the construction of a museum dedicated to democracy.

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