The Hudson Yards West project, a monumental $12 billion venture, positions Wynn New York City as the centerpiece, featuring a luxury resort and a 5.6-acre public park.
The development aims to bolster the local economy, creating 5,000 permanent union jobs and generating substantial tax revenues for New York City.
Wynn CEO Craig Billings acknowledges the company’s exploration of opportunities in major cities, emphasizing the strategic importance of developments like Hudson Yards.
Related Companies highlighted that the resort would significantly invigorate tourism in New York City, presenting a viable path for economic recovery post-pandemic.
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