The Hudson Yards casino bid by Related Companies and Wynn Resorts has been abandoned due to intense community opposition, paving the way for a significant housing development. The new plan will replace controversial gambling plans with 4,000 apartments, including 400 affordable units, and a 6.6-acre public park named 'Hudson Green.' Elected officials emphasize the need for projects to prioritize community needs, focusing on housing rather than gaming. Despite previous criticisms, some community leaders express cautious optimism about the revised proposal, highlighting the importance of detailed execution in development.
This casino proposal did not meet the high bar of community support that such a consequential project demands... housing must take precedence.
...the revised plan bumps affordable units up to 400 and replaces a planned office tower with two residential buildings.
The latest plans appear to address many of our concerns. However, the devil is in the details.
Wynn bailed on the gaming license, and Related pivoted hard, replacing glitzy gambling plans with housing and open space.
Collection
[
|
...
]