City Officials Make Bold Case for Caesars Times Square Casino
In a significant move reminiscent of a spirited planning pitch, New York City labor representatives conveyed a clear message to the state gaming commission: should Caesars Entertainment’s proposal for a Times Square casino be greenlighted, they promise construction will commence.
Hosted virtually on Wednesday, the New York State Gaming Commission’s public comment session focused on Caesars Palace Times Square, a joint venture with SL Green and Roc Nation, helmed by Jay-Z. Another opportunity for public input is slated for May 28 at 5 PM local time.
This two-hour discussion marked an initial phase in assessing the project’s environmental implications. As outlined by Robert Williams, executive director of the NYSGC, the initiative has been categorized as a “Type 1 action,” indicating potential environmental concerns necessitating a thorough review process.
The hearing aimed to gather insights from local stakeholders, including elected officials and community members, to inform the draft environmental impact statement. More opportunities for public feedback will arise before the formal environmental statement is submitted.
The proposal envisions a casino and hotel at 1515 Broadway, currently an office tower, which would undergo extensive renovations if the casino license is granted.
Bidders have until June 27 to present their official applications to the state. The commission has yet to provide a timeline for the environmental statement, but it plans to issue up to three licenses by year’s end following the application process.
A Strategic Location: Times Square
Robert Schiffer, SL Green’s executive vice president of development, emphasized the strategic merit of a casino in Times Square during his presentation. He argues that, unlike typical casinos designed to keep guests confined, this proposal is intended to enhance the local community and integrate seamlessly into the bustling entertainment district.
Schiffer stressed the project’s avoidance of housing displacement and minimized construction disruptions, stating that it wouldn’t alter the existing residential landscape. The renovation of the current structure promises to expedite construction timelines and reduce noise disturbances.
“This initiative prioritizes a sustainable, community-focused approach,” Schiffer remarked.
Labor Support Takes Center Stage
When the session transitioned to public commentary, labor and union representatives constituted the vast majority of speakers—around 75%—all voicing their support. They highlighted the significant number of construction and enduring jobs that would result from this project.
“This proposal guarantees numerous well-paying union jobs that depend on this license,” one union member asserted, reflecting a widespread sentiment among labor advocates.
With three out of eight proposals situated in Manhattan, many believe the city is poised to secure one of the coveted licenses. Alongside Caesars Times Square, Silverstein Properties’ Avenir and Soloviev Group’s Freedom Plaza are vying for the license, although the impact of the Caesars initiative hinges heavily on its casino license approval.
Voices of Concern: The Theatre Industry
Contrasting the prevailing support were objections from representatives of the theatre sector, who voiced their concerns about the project. They argue that the integration of a casino into the arts-centered Times Square contradicts the essence of the area.
One speaker pointed out potential negative impacts, including noise pollution affecting theatrical productions and traffic issues hindering audience access to shows. Another focused on social implications, stressing that the casino’s operations might inadvertently lead to financial struggles for local residents.
“We need to address the potential harm caused by gambling losses,” they emphasized, raising awareness of the less discussed consequences of casinos in urban settings.
As these discussions unfold, the future of gaming in New York City remains at the forefront of community and economic debate.