The proposal seeks to revitalize the area by placing a casino by the famed Coney Island boardwalk near the Wonder Wheel. Thor Equities, a real estate investment firm, is partnering with Saratoga Casino Holdings and the Chickasaw Nation to build a casino in Coney Island. Bally’s, a large gaming company that operates in Atlantic City, is looking to develop a casino at Trump Golf Links in Throggs Neck. According to Soloviev, the overall project is being dubbed “Freedom Plaza,” and it would also include the construction of a museum dedicated to democracy. Related Companies, a New York City real estate giant, and Wynn Resorts are looking to build a casino from the ground up in an undeveloped area of Hudson Yards, located on the Far West Side of Manhattan.
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- Thor Equities, a real estate investment firm, is partnering with Saratoga Casino Holdings and the Chickasaw Nation to build a casino in Coney Island.
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The city owns the property, and Trump’s company had a 20-year contract with the Parks Department to operate it as a golf course. Cohen has held meetings, including two visioning sessions, with the public to solicit feedback as to what to incorporate in his plans. The casino would be upscale and would be part of the newly created district that has been developed by the Related Companies that consists of office towers, high-end stores and luxury apartments. The project, first reported by the New York Times, would not require major development and could be up and running within a year.
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