Rev. Al Sharpton is collaborating with the Caesars Palace Times Square project to provide low-cost investment opportunities aimed at low-income local households. The initiative, backed by entertainment companies SL Green, Caesars Entertainment, and Roc Nation, proposes ownership stakes starting at $500, enabling community members to participate in large-scale real estate ventures. Sharpton emphasized the importance of local input in decision-making, marking a shift towards inclusive ownership, while Ryan Williams highlighted the potential for transformative economic inclusion through this model, seeking to broaden access to financial opportunities and education for everyday New Yorkers.
The Caesars Palace bid is the best opportunity for local stakeholders to participate in decision-making, citing rapper Jay-Z's leadership of Roc Nation.
This initiative overcomes longstanding barriers and has the potential to transform equitable ownership models, moving from promises to real progress.
Collection
[
|
...
]