The yearslong battle for one of just three coveted downstate casino licenses in New York state is entering its final stretch. After repeated delays, the state’s Gaming Commission is now expected to open the formal application window next month.
In an exclusive interview with News 12’s Senior Reporter Tara Rosenblum, Soloviev Group CEO Michael Hershman suggested a bold strategy: making community equity a cornerstone.
Hershman says if the proposed Freedom Plaza casino is approved, eligible Manhattan residents could own a piece of it.
He says up to 12% of the public equity offering would be reserved for everyday New Yorkers. It’s part of a sweeping proposal that also includes affordable housing, hotels and a waterfront park.
