New York: Mets owner Steve Cohen partnering with Hard Rock on $8B casino complex next to Citi Field

New York: Mets owner Steve Cohen partnering with Hard Rock on $8B casino complex next to Citi Field

Article brief provided by Fortune
  • Laura Nahmias, Fortune
November 7, 2023 4:05 PM

New York Mets owner Steve Cohen is partnering with Hard Rock International on a proposal to build an $8 billion casino and entertainment complex on a 50-acre parking lot in Queens next to the Citi Field baseball stadium.

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While Cohen’s plans to build a casino have been known for months, the details of his proposal, along with confirmation of his partners, were released for the first time Tuesday. The hedge fund billionaire is vying with nearly a dozen other applicants for one of only three coveted state licenses to build a full-scale casino in downstate New York.