Related Companies, the developer behind Hudson Yards in Manhattan and chaired by Stephen Ross, the billionaire owner of the Miami Dolphins, announced a plan with Wynn to put a casino near the Javits Center along Manhattan’s West Side.
The companies claim if they’re able to build a casino, shopping, dining and entertainment complex in the Crossroads of the World, it will bring millions more visitors to Times Square every month and attract billions in retail spending and ticket sales. The plan is to convert SL Green’s office tower at 1515 Broadway, on the corner of 45th Street. Roc Nation, the entertainment agency founded by billionaire music mogul Jay-Z, SL Green, the New York-based real estate investment trust, and Caesars Entertainment are teaming up on a bid to bring the famed Las Vegas casino to New York.
But plans for New York casinos have already started to leak early and one that has captured the public’s imagination is a proposal for a casino in the heart of Manhattan: Caesars Palace Times Square.