The New York City Council approved a rezoning allowing a proposed Coney Island casino to develop three high-rise towers and two pedestrian bridges. The measure passed with a vote of 36 to 11, with four abstentions. The developers, led by Thor Equities, are seeking one of three Downstate casino licenses from the state, having submitted applications recently. Each application will be evaluated by a Community Advisory Committee, which will hold public hearings and vote on support required for consideration by the state board by September 30.
Today's vote continues to show that the more people learn about our project and the benefits it will bring, the more they like it. We now move one step closer to fulfilling a promise of economic transformation for Coney Island that includes the creation of thousands of jobs and a $200 million locally led community trust fund.
The team - headed by Joe Sitt's Thor Equities - is still vying for one of three new Downstate casino licenses from the state.
In the meantime, each application will be reviewed by its own Community Advisory Committee comprised of six members appointed by local elected officials. Each CAC will hold at least two public hearings, and must hold a final vote on the applications by September 30.
Only applications supported by at least two-thirds of the CAC will be considered by the Board.
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