The proposal for a $12 billion casino complex at Hudson Yards, near the High Line, has been dropped due to significant community pushback, officials stated.
A partnership linked to Wynn Resorts announced that it has decided not to pursue its bids set for submission next month.
“After careful consideration, we have opted not to apply for a gaming license in New York City,” Wynn Resorts said in a statement.
They cited “permanent opposition” as a reason for their decision.
“The recent rezoning process has shown us that, despite our intention to create 5,000 jobs for New Yorkers, the current investment climate is more favorable for our shareholders. It seems unwise to move forward amid ongoing resistance,” Wynn added.
They expressed gratitude to supporters of their efforts, including affiliate partners, and reiterated their belief that the proposed Hudson Yard West Development could have been a significant benefit for New York City.
This project faced opposition from local groups, including Friends of Highline and Community Committee 4.
This is just the latest in a series of proposals that have been abandoned in the western Manhattan area.
Congressman Tony Simone expressed his “philosophical opposition” to the casino project, while Councilman Deborah Glick shared concerns related to its proximity to the High Line.
Efforts to establish a sports stadium in the area have similarly faced obstacles over the years.
The state gaming board is anticipated to grant up to three casino licenses in the New York City region by the year’s end.
This story is still developing.
