New York City: Billionaire 9 West Owner eyes casino bid in reshaped empire

New York City: Billionaire 9 West Owner eyes casino bid in reshaped empire

Article brief provided by Bloomberg
  • Patrick Clark, Bloomberg
November 21, 2022 4:17 PM

Stefan Soloviev has been an apartment landlord, farmer and railroad operator, with an empire stretching from the unforgiving croplands of the American West to the gladiatorial arenas of global finance.

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Now, he wants to add gaming mogul to his dizzying resume.

Soloviev, 47, intends to apply for a license to operate a casino just south of the United Nations in New York, on a massive site that’s been lying fallow since his father, the late Sheldon Solow, agreed to acquire it more than 20 years ago. The current plan includes a 1,000-room hotel, 4-acre (1.6-hectare) park, Ferris wheel and museum dedicated to the subject of democracy.

“It’s really exciting to take that site and look at what it can become,” he said in an interview.