SL Green keeps Times Square casino proposal open after committee rejection
SL Green CEO Marc Holliday said the company remains open to reviving its proposed Times Square casino with Caesars Entertainment and Roc Nation after a Manhattan community advisory committee rejected the bid. Holliday said the wider licensing process and outcome remain unresolved, with state gaming board decisions on up to three licences expected by year-end. SL Green estimated that the rejection cost it $13.1 million in related expenses.
Operators and investors can track whether SL Green, Caesars and Roc Nation revive the bid while state licensing decisions remain unresolved.