The rejections keep coming for developers who spent years cobbling together proposals for multibillion-dollar casino projects in New York City.
Courtesy of Soloviev Group/Negativ
A rendering of Soloviev Group’s Freedom Plaza casino proposal, with a partially underground casino, public space and two residential towers
A community board voted 4-2 Monday morning to reject the $11.2B Freedom Plaza proposal from developer Soloviev Group and its gaming partner, Mohegan. The binding rejection was the third in the past week for a Manhattan casino bid, following votes last week that took pitches from SL Green in Times Square and Silverstein Properties near Hell’s Kitchen off the table.
Freedom Plaza was proposed on Soloviev’s 6.3-acre undeveloped site to the south of the United Nations Plaza along the East River. The developer planned a 295K SF casino, more than 1,200 hotel rooms, an art gallery, a multistory food hall, a spa, a public park and more than 1,400 parking spaces on the site.
It also said it would build more than 1,000 apartments, initially promising that half would be permanently affordable but last week pledging to designate all the units as affordable housing.
“We are proud of our partnership with Mohegan and the vision that informed this project that would have revitalized Midtown East,” Soloviev Group CEO Michael Hershman said in a statement. “Manhattan is the undisputed capital of the world, and it deserved a fully integrated resort that would have attracted visitors while serving the needs of its community.”
The Soloviev Group bid was the last remaining proposal in Manhattan. The sole proposal from Brooklyn, from developer Thor Equities, also appears doomed.
Three appointees to the community advisory committee to consider Thor’s bid on Coney Island have signaled they plan to reject the proposal at a vote scheduled for…