Coney Island Casino Project Rejected by Community Advisory Committee
The Cordish Companies' $3.4 billion casino project in Coney Island has been rejected by the Community Advisory Committee (CAC). The decision, largely anticipated due to lack of local support, was made despite last-minute amendments to the bid. The CAC voted 4-2 against the proposal, with only the mayor's and governor's appointees supporting it. This marks the fourth defeat in New York's casino license competition for Thor Equities, who submitted the bid. The rejection comes despite attempts to sway local committees with last-minute changes to the project management. Brooklyn Borough President Antonio Reynoso, who opposed the proposal, expressed hope that the process did not cause irreparable harm to the community. Meanwhile, three projects - Bally's Bronx, Resorts World, and MGM Empire City - have secured committee approval and remain in contention for the casino licenses. Only one project, Metropolitan Park, remains to face a CAC vote, with decisions to be made by the state's Gaming Facility Location Board by December 1. The rejection of The Cordish Companies' casino project in Coney Island leaves the way clear for other contenders in New York's casino license competition. The process continues with the final CAC vote and the state's decision by December 1.
