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Old Posted Jun 4, 2012, 1:17 PM
J. Will J. Will is offline
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http://www.nytimes.com/2012/06/02/ny....html?_r=1&hpw

Cuomo’s $4 Billion Plan for Project in Queens Falls Apart

A $4 billion plan announced by Gov. Andrew M. Cuomo to create the country’s largest convention center and a casino in Queens has fallen apart, the governor acknowledged on Friday.

The project, which was to have been built by a Malaysian gambling company at the Aqueduct racetrack near Kennedy Airport, was a signature initiative of Mr. Cuomo’s and a central thrust of his State of the State address in January.

Mr. Cuomo, a Democrat, said during a radio interview that negotiations between the state and the Genting company, which was expected to pay the development costs, had broken down.

“The conversations haven’t really worked out,” he said.
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