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NYC Casino Bidders Add Pledge for More Than 2,000 Apartments

NYC Casino Bidders Add Pledge for More Than 2,000 Apartments

Bloomberg26-06-2025
New York real estate developer Silverstein Properties is promising to convert office buildings into 2,000 new apartments in a bid to win a coveted casino license in Manhattan.
The sweetener adds to Silverstein's pitch to invest $7 billion in a major casino project on Manhattan's west side. The developer would work with Metro Loft to purchase and convert offices in the area into residences — 500 of which would be considered affordable — if Silverstein's project, called the Avenir, is awarded one of the casino licenses.
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