"The $8 billion development, a joint venture by Cohen, the billionaire owner of the New York Mets, and Hard Rock International, would transform 50 acres of Citi Field parking lot into a sprawling entertainment complex with a casino as its centerpiece."
"The suit alleged that the agreement between the city and Metropolitan Park, which was due to be signed on Nov. 17, violated the "superiority clause" in the long-standing lease with the city. That clause grants the USTA priority over the Citi Field parking lot during the three weeks of the US Open, which takes place annually between late August and early September."
Metropolitan Park, led by Steve Cohen with Hard Rock International, plans an $8 billion development converting 50 acres of Citi Field parking into an entertainment complex centered on a casino. The USTA sued the city alleging the pre-development agreement violated the National Tennis Center's 99-year lease "superiority clause," which grants USTA priority over the parking lot during the US Open's three-week run. Manhattan Supreme Court Justice Nancy Bannon granted a temporary injunction after the suit. Despite the litigation and injunction, Queens Future, a Cohen-controlled LLC, signed the pre-development agreement with the city.
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