Are you ready for a high-rollin', high-flyin' time near the UN?
Are you ready for a high-rollin’, high-flyin’ time near the UN?
Yet another entrant has joined the field in the fierce bidding war for a casino license in New York City — this time led by a billionaire developer who also wants to construct a huge Ferris wheel on vacant land just south of the United Nations. The wheel is the centerpiece of a joint bid by real estate billionaire Stefan Soloviev and the Mohegan Tribe, which runs Mohegan Sun in Connecticut, to build a casino on 6.7 acres of empty land between 38th and 41st streets and 1st Avenue and the FDR Drive.— would see the erection of a 1,200-room hotel, two residential skyscrapers, a performing arts center, and a new park., and would also include the construction of what they say is the world’s first museum dedicated to the subject of democracy.
Soloviev, the son of the late real estate developer Sheldon Solow, and Mohegan argue they are uniquely dedicated among the competitors to the principles of sustainable development. Solow purchased the tract from Con Edison in 2000 but it has remained vacant in the years since. “As a leader in socially responsible development, we will honor, complement and advance Mohegan’s principles through sustainable and carbon-neutral property development,” Soloviev said in a statement.
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