In a joint statement, some of the largest property owners in Times Square have thrown their support behind SL Green's bid for one of three casino licenses that are expected to be awarded in the NYC metro area next year.
SL Green, gaming giant Caesars and Roc Nation, Jay-Z's entertainment company, have proposed to redevelop 1515 Broadway into an entertainment complex including a casino and a new Broadway theater.
Jamestown and Sherwood Equities, owners of One and Two Times Square, respectively, joined Soho Properties, Moinian Group, Wharton Properties, RFR, Ian Schrager Co., Stillman Development and the owners of the Paramount Building, participated in a statement endorsing the plan for 1515 Broadway.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.