The Steve Cohen-led group behind the Metropolitan Park casino bid said Monday that it successfully signed a pre-development agreement with the city over the use of the Citi Field parking lot just days after a USTA lawsuit prompted a Manhattan judge to temporarily block the deal.
Manhattan Supreme Court Justice Nancy Bannon granted the USTA a temporary injunction on Friday after the tennis body had filed a suit against the city, accusing the Adams Administration of violating the terms of the National Tennis Center’s 99-year lease in Flushing Meadows – Corona Park.
The $8 billion development, a joint venture by Cohen, the billionaire owner of the New York Mets, and Hard Rock International, would transform 50 acres of Citi Field parking lot into a sprawling entertainment complex with a casino as its centerpiece.
