Project Overview - Steve Cohen is building a large gambling complex in Queens, including a soccer stadium [1][2] - The project is slated to open in 2030 [2] Economic Impact - The project is expected to create 17,000 construction jobs and 6,000 permanent jobs [2] - It is projected to generate $3.9 billion in tax revenue, with $850 million in annual taxes [2] Community and Political Aspects - The project initially faced opposition from a local councilmember [4] - Community support and the borough president ultimately favored the casino [4] - Steve Cohen is credited with cleaning up the area around Citi Field [4] - A ferry service to Citi Field is under consideration to improve accessibility [5] Regulatory Approval - The project needs a gaming commission license approved by December 31 [6] - The board recommends the project as one of three sites [6] - Limited public protest suggests less pushback than anticipated [7]
Mets Owner Steve Cohen Gets Green Light for Casino in Queens
Bloomberg Television·2025-12-01 16:56