Coney Island's casino proposal received New York City Council approval for rezoning, allowing the construction of three high-rise towers and two pedestrian bridges. The vote, with 36 in favor and 11 against, supports The Coney's plan to demap Bowery Street and acquire air rights. The proposal, led by Joe Sitt's Thor Equities, is competing for one of three new Downstate casino licenses. Community Advisory Committees will review applications and require significant local support before consideration by the state's Gaming Facility Location Board.
The New York City Council on Monday approved a rezoning that would allow the proposed Coney Island casino development to build a large complex, enabling three high-rise towers and two pedestrian bridges.
Council members voted 36-11 with four abstentions in favor of The Coney's plan to demap part of Bowery Street and purchase air rights above existing streets and buildings.
The team, led by Joe Sitt's Thor Equities, is still vying for one of three new Downstate casino licenses from the state.
Each application will be reviewed by its own Community Advisory Committee comprised of six members appointed by local elected officials, and must hold a final vote on the applications by Sept. 30.
#coney-island #casino-development #new-york-city-council #zoning-approval #community-advisory-committee
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