Latest news with #SolovievGroup
Bloomberg
07-07-2025
- Business
- Bloomberg
US Soccer to Set Up Offices at Manhattan's 9 West 57th Tower
The US Soccer Federation is taking office space at Soloviev Group's tower at 9 W. 57th St. in Manhattan. US Soccer's new spot, located on the building's 23rd floor, will serve as a satellite office for locally based and visiting staff, according to a statement Monday. The move was funded by an anonymous philanthropic contribution.
Yahoo
11-06-2025
- Business
- Yahoo
New York City Faith Leaders Endorse Freedom Plaza as a "Symbol of Hope for a Brighter Tomorrow"
In a powerful show of support, 22 clergy back the Soloviev Group and Mohegan's proposed development, citing affordable housing, job creation, and long-term community investment. NEW YORK, June 11, 2025 /PRNewswire/ -- A coalition of 22 faith leaders from across New York City has issued a public letter in support of the proposed Freedom Plaza development, describing the project as "an investment in the future of our community." The open letter, which appeared in the New York Amsterdam News, reflects a shared belief that Freedom Plaza will advance economic opportunity and enhance community well-being. Signatories of the letter include Rev. Walter P. Alston Jr., Metropolitan Missionary Baptist Church; Rev. Dr. Lisa Jenkins Brown, St. Matthews Baptist Church; Rev. Earl B. Chester, Greater New Beginning Baptist Church; Ambassador Suzan Johnson Cook, Former US Ambassador-at-Large for International Religious Freedom; Rev. James Duckett, Fort Mott Baptist Church; Rev. Dr. Roger L. Hambrick, Green Pasture Baptist Church; Rev. Dr. Frankco J. Harris, Mt. Olivet Baptist Church of Hollis; Rev. Adrian Hines, Senior Pastor, Temple of New Beginnings Baptist Church; Rev. Joseph J. Jones, Mt. Hermon Baptist Church; Rev. Carl Leach, Senior Pastor, Ms. Zion Baptist Church; Rev. Robert Linden, Bethelite Institutional Baptist Church; Rev. John Marshall, Senior Pastor, New Life Baptist Church, Brooklyn; Rev. Lindon McKenzie, Senior Pastor, Grace Baptist Church of Chris; Rev. Dr. Lemuel Mobley, Living Stone Baptist Church; Rev. C. Ramónt Morris, Bethel Baptist Church; Rev. Wesley Payne Jr., Senior Pastor, Old Mt. Zion Baptist Church; Rev. Akin O. Royall, President, New York Progressive Baptist State Convention, Inc.; Rev. Brian D. Scott, Union Baptist Church; Rev. Dr. Gary V. Simpson, Concord Baptist Church of Christ; Rev. Dr. Randy Ware, Greater Mount Pleasant Baptist Church; Rev. Dr. Jesse T. Williams, Jr., Convent Avenue Baptist Church; and Rev. Kevin Williams, Senior Pastor, Peoples Baptist Church. "One of our most important responsibilities as faith leaders is to look after our congregations and community," the letter states. "This transformative project will help revitalize our community, address critical needs, and create a brighter future for all residents and small businesses in the area." The letter highlights two urgent priorities facing New York City: the need for sustained economic revitalization and the persistent shortage of affordable housing. The faith leaders applaud Freedom Plaza's ability to address both through the projected creation of 17,000 high-quality full- and part-time union construction jobs and permanent positions and the inclusion of more than 500 affordable housing units. "Safe, stable, and affordable housing is a fundamental right, and too many families in our community struggle to find housing they can afford," the letter continues. "This development will provide much-needed relief and offer families the stability they need to thrive." "We are honored to have the support of so many of New York City's faith leaders, whose dedication to community well-being reflects the core values of Freedom Plaza," said Michael Hershman, CEO, Soloviev Group. "Freedom Plaza remains committed to delivering critical affordable housing, creating thousands of union jobs, and investing in the long-term prosperity of neighborhoods. Together with our partners and neighbors, we are building a future that uplifts and strengthens our city." "The Spirit of Aquai — rooted in welcoming, mutual respect, cooperation, and building strong relationships — guides everything we do at Mohegan. Freedom Plaza embodies these values and represents a shared vision for inclusive growth," said Ray Pineault, CEO, Mohegan. "We're honored to partner with Soloviev Group and New York City's faith leaders to help bring that vision to life." The letter also commends the proposed Community Reinvestment Fund which is projected to invest over $250 million over the next 20-plus years directly into local initiatives that will support education, job training, small business development, and community health. The coalition of faith leaders joins the strong base of support for Freedom Plaza from across the city. A recent poll conducted by Tulchin Research found that nearly two-thirds of Manhattan voters are in favor of the project, with especially high approval in Midtown East, where 57 percent of voters support the proposal. Freedom Plaza has also earned endorsements from 26 leading labor unions and workforce development organizations, including the Building and Construction Trades Council of Greater New York, SEIU 32BJ, and the Hotel and Gaming Trades Council. About Freedom PlazaDeveloped by Soloviev Group and designed by BIG-Bjarke Ingels Group, Freedom Plaza spans 6.3-acres from 38th to 41st Street east of First Avenue. The mixed-use development, which will be built only with union labor, will deliver 1,049 new residential units, including 513 units of housing that working people can afford and feature approximately 5 acres of public open space designed by OJB Landscape Architecture, along with locally oriented retail and a wide range of shopping and dining options. Additional amenities will include a daycare center, food market, a museum dedicated to democracy and community center. Two world-class hotels from global resort leaders Mohegan and the owners of the Banyan Tree hotels and resorts will feature retail, dining, and entertainment, including the option of modern gaming for those 21-and-over. For more information, visit About Soloviev GroupUnwavering in its commitment to environmental sustainability and social responsibility, the Soloviev Group brings four generations of successful development across community-focused verticals, including hospitality, residential and commercial development, agriculture, energy, logistics and philanthropy. The firm's most recent project, Freedom Plaza, will encompass more than six-acres on Manhattan's East Side from 38th to 41st Street east of First Avenue and is committed to helping New York City thrive. The mixed-use development will feature 4.7 acres of publicly accessible green space; two world-class hotels by global resort leaders Mohegan and the owners of the Banyan Tree hotels and resorts, featuring the option of modern gaming for those 21-and-over; locally oriented retail and an array of shopping and dining options; a museum dedicated to democracy and community center; and two residential towers with housing that working people can afford. For more information, visit About MoheganMohegan is the owner, developer, and manager of premier entertainment resorts in the United States and Canada. Mohegan's U.S. operations include resorts in Connecticut and Pennsylvania and Canadian operations are based in Niagara Falls, Ontario. The brand's iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan's loyal fan base and meets the digital needs of North American customers. Mohegan is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on Mohegan and its properties, please visit Project rendering is available for download here. Courtesy of Freedom coalition of faith leaders letter in support of Freedom Plaza can be downloaded here. View original content: SOURCE The Soloviev Group
Yahoo
27-05-2025
- General
- Yahoo
A filmmaker asked, 'What does being American mean to you?' These Mainers answered.
May 27—"What does being American mean to you? What does democracy mean to you? What does freedom mean to you?" Filmmaker Daniella Vale traveled across the United States to ask those questions, visiting 26 states and interviewing 52 people. Five of them were Mainers, and their answers and faces are now part of an immersive installation in Manhattan. "Path of Liberty: That Which Unites Us" is a free exhibit at Freedom Plaza near the United Nations in New York City. The artists took over 6 acres on a site that could someday be a casino but is currently undeveloped. A self-guided walking tour winds through a field of 41 huge screens. Some play video clips of interviews with people in Maine and across the country. More than half are massive photographs of Americans in their home states, so visitors can see Flora Magaya on a pier in Portland in her lobstering gear and Alessia McCobb in her field at Sound Pine Farm in Brunswick. Magaya, 19, traveled to New York City to find her portrait standing 15 feet tall and 20 feet wide. "I was able to learn so much about what other people are doing across the country and what it means for them to be American," Magaya said of the exhibit. "My experience is very individualized, and for them, it's the same. But we're all hardworking Americans. It just broadened my perspective." This project began out of a desire to recognize the 250th anniversary of the signing of the Declaration of Independence, which is next year. The Soloviev Group, the real estate firm that wants to develop a casino on that site, decided to use the space in the meantime for an early birthday celebration for America. Vale, who is based in New York, said her idea for the project came from her own experiences traveling the world for her work. "New Yorkers can very much be in their bubble," she said. "It's so important that we really try to grasp just how vast and diverse of a country we have." So Vale and her team loaded up their van and started driving. They were on the road last year during election season — a particularly divisive time. But they found common ground everywhere they went. "It was really interesting to get those answers from all these different people, because what we started to see were themes," Vale said. "When I said, 'What does it mean to be American?' It was this idea that it means justice, it means equality, it means freedom, it means being able to do what I want to do." View this post on Instagram A post shared by Path of Liberty at Freedom Plaza (@pathoflibertynyc) Vale had never been to Maine before she visited for this project. The crew spent a day with Lift All Boats at Luke's Lobster in Portland, an apprenticeship program meant to give young people of color the opportunity to learn about a heritage industry that can be hard to enter. Magaya has worked in the program for a couple of summers because she likes being outside and wanted to learn something new. Now, she is studying architecture and engineering at Southern Maine Community College in South Portland. "At the time when filming was happening, I didn't really think much of it," Magaya said. "To fast forward and to see my big picture somewhere in Manhattan, that's really awesome." Her portrait is paired with an audio clip from her interview: "When you live in Maine, you hear about lobstering a lot. They talk about it with such reverence, like, 'My father passed this down to me.' Which is great and you know, I love that for them. But since you're not a part of it, you never really think, 'Oh, this is like a job I can do.' But I know that we're in a certain moment in time. They want to open doors in these types of industries. I started actually being interested in boating and just having a whole new world open to me. I love the atmosphere, I love working hard, just being outdoors, being in nature. I'm appreciative of the lobstermen who have come before me. It's their work that I will be continuing." View this post on Instagram A post shared by Path of Liberty at Freedom Plaza (@pathoflibertynyc) The crew also visited Sound Pine Farm in Brunswick. McCobb, 32, recalled talking to Vale about her farm and the community that supported her CSA program. A month later, she also attended the opening. The pictures of different landscapes, including Sound Pine Farm, stood striking against the skyscrapers of New York City. "It's hard for me to understand how people could vote a particular way or make the choices they do, but I think it's always good to be put into this situation where you're staring at a huge example of someone else's different experience and be reminded that there are so many forces at work that contribute to our understanding of this country and why we make the choices we do," McCobb said. The installation created an image of America that is full of both optimism and obstacles. "The message that was conveyed to me was, America is so vast and holds so much promise," McCobb said. "But are we able to attain that? Are we all able to attain that equally?" The five Mainers in the exhibit are: — Earl Bigelow, of Watersongmusic in Bowdoinham — Ben Coniff, CIO of Luke's Lobster — Esperanza Kunieki, apprentice with Lift All Boats — Flora Magaya, apprentice with Lift All Boats — Alessia McCobb, co-owner of Soundpine Farm ------ IF YOU GO "Path of Liberty" will be open through the summer. The installation is free to visit, but requires reservations. For more information, visit Get a glimpse of the exhibit and watch video clips of interviews on Instagram, Facebook and TikTok @pathoflibertynyc. Copy the Story Link
Bloomberg
13-05-2025
- Business
- Bloomberg
NYC's 9 West Landlord Pitches Equity Bet for a Manhattan Casino
Soloviev Group, the real estate developer that owns a major office tower at 9 West 57th St. in Manhattan, is proposing a way for New York City residents to benefit from its potential casino project. Soloviev and Mohegan aim to invite New York City residents to contribute as much as 12% of any initial public equity they plan to raise for their proposed gaming facility along the East River, giving everyday people an opportunity to become stakeholders in their casino project, according to a statement Tuesday. The firms also intend to provide allocations to eligible New York pension funds.
Yahoo
13-05-2025
- Business
- Yahoo
The Soloviev Group to Offer Shareholder Opportunity to New York City Residents for the Innovative Freedom Plaza Project
NEW YORK, May 13, 2025 /PRNewswire/ -- The Soloviev Group, in partnership with Mohegan, today announced an exciting forward-looking initiative that will offer eligible local residents a unique opportunity to become stakeholders in the proposed gaming facility at Freedom Plaza, a transformative civic and cultural destination that includes two world-class hotels, destination spa, a diverse mix of food and beverage venues, and meeting and entertainment facilities. As part of the competitive bidding process set to begin in June 2025 for one of up to three Downstate gaming licenses, this dynamic, mixed-use hub in Midtown Manhattan, aims to deliver a thriving center for affordable housing, job creation, open space, and community reinvestment along First Avenue between East 38th and East 41st streets. Sharing both its financial returns and positive future impact, up to 12% of any initial public equity raised for the proposed gaming facility will be designated for residents of New York City. Soloviev and Mohegan also intend to provide investment allocations to eligible New York state and city employee-related pension funds on a preferential basis relative to other institutional investors, ensuring broad community participation and benefit. If Soloviev and Mohegan are awarded a gaming license, the capital raise would begin no earlier than 2027. "Soloviev, in partnership with Mohegan, is committed to fostering prosperous long-term relationships with residents, community organizations, and businesses both locally and throughout New York," said Michael Hershman, Chief Executive Officer of the Soloviev Group. "Our visionary Freedom Plaza project exemplifies these goals, and we would be thrilled to offer a financial interest to these stakeholders." Empowering the local community through direct financial participation is a vital aspect of the Soloviev and Mohegan vision. If awarded a gaming license, Soloviev and Mohegan plan to develop a culturally robust experience with a substantial affordable housing complex, an inviting nearly five-acre waterfront park, world-class hospitality and dining, and integrated entertainment. The Freedom Plaza project will add thousands of union jobs, support local businesses, provide attractive residential opportunities, strengthen the community, and boost tourism. It will also play a key role in advancing the New York City workforce, driving meaningful economic development along the East River, and helping to transform the area for the betterment of all New Yorkers. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Soloviev GroupUnwavering in its commitment to environmental sustainability and social responsibility, the Soloviev Group brings four generations of successful development across community-focused verticals, including hospitality, residential and commercial development, agriculture, energy, logistics and philanthropy. The firm's most recent project, Freedom Plaza, will encompass more than six acres on Manhattan's East Side from 38th to 41st Street east of First Avenue and is committed to helping New York City thrive. The mixed-use development will feature 4.7 acres of publicly accessible green space; two world-class hotels by global resort leaders Mohegan and Banyan Tree Group, featuring the option of modern gaming for those 21-and-over; locally oriented retail and an array of shopping and dining options; a museum dedicated to democracy and community center; and two residential towers with housing that working people can afford. For more information, visit About MoheganMohegan is the owner, developer, and manager of premier entertainment resorts in the United States and Canada. Mohegan's U.S. operations include resorts in Connecticut and Pennsylvania and Canadian operations are based in Niagara Falls, Ontario. The brand's iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan's loyal fan base and meets the digital needs of North American customers. Mohegan is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on Mohegan and its properties, please visit View original content to download multimedia: SOURCE The Soloviev Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
