The City Council voted against Bally's request for zoning changes required for a $4 billion casino at Bronx's golf course, ending their licensing hopes. Meanwhile, Boris Kuzinez's 262 Fifth Avenue project faced significant delays since its 2017 announcement but is now nearing a sales launch after recent approvals. Also, the Chetrit family is under scrutiny due to a civil lawsuit from the city, alleging poor maintenance and numerous violations at Hotel Carter, which they purchased in 2015 for $192 million.
The City Council's decision against the casino at Bally's golf course dashed plans for a $4 billion complex, leaving Bally's without a path forward for licensing.
Boris Kuzinez's 262 Fifth Avenue project faced delays since its announcement in 2017, yet has made progress with recent approval, though sales launch is still pending.
The Chetrit family is facing legal scrutiny from the city for alleged maintenance failures and violations accumulated at the Hotel Carter, a property bought in 2015.
With over 155 violations reported, the lawsuit seeks accountability for the Chetrit brothers' management of the historic Hotel Carter, linked to a significant mortgage default.
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