Developer’s pitch means New York’s Times Square may get one of the few spectacles it lacks: a casino

Developer’s pitch means New York’s Times Square may get one of the few spectacles it lacks: a casino

Article brief provided by The New York Times
  • Dana Rubinstein, Nicole Hong and Michael Paulson, The New York Times
October 19, 2022 7:20 PM
  • Dana Rubinstein, Nicole Hong and Michael Paulson, The New York Times

Times Square, New York City’s famed Crossroads of the World, could hardly be considered lacking. It has dozens of Broadway theaters, swarms of tourists, costumed characters and noisy traffic, all jostling for space with office workers who toil in the area.

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Now one of the city’s biggest commercial developers is pitching something that Times Square does not have: a glittering Caesars Palace casino at its core.

The developer, SL Green Realty Corporation, and the gambling giant Caesars Entertainment are actively trying to enlist local restaurants, retailers and construction workers in joining a pro-casino coalition, as the companies aim to secure one of three new casino licenses in the New York City area approved by state legislators earlier this year.