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  #241  
Old Posted Mar 15, 2012, 8:10 PM
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http://www.politicker.com/2012/03/14...s-casino-deal/

Albany Announces Casino Deal

By Colin Campbell
3/14/12

Quote:

As the Legislature debates the sudden onslaught of deals and compromises tonight, Governor Andrew Cuomo sent out a press release touting an agreement with the State Assembly and Senate to amend to the New York State Constitution to allow some amount of casino gambling. The deal would provide for a maximum number of seven additional casinos in the state.

“By taking these important first steps to legalize casinos we are finally confronting the reality that while New York is already in the gaming business, we need a real plan to regulate and capitalize on the industry,” Governor Cuomo said in the statement. “This is a process that will ultimately put thousands of New Yorkers to work, drive our economy, and help keep billions of dollars spent by New Yorkers on gaming in the state,” he added.

Assembly Speaker Shelly Sever echoed Mr. Cuomo’s arguments, and pointed towards the casinos in neighboring states to justify the measure. “Under the current system, gaming revenue is pouring out of the state as New Yorkers spend their entertainment dollars in neighboring states,” he said. “We need the ability to keep that revenue here in New York. Today’s vote represents the first passage of this amendment and we will work on accompanying legislation to further define this issue.”
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  #242  
Old Posted Mar 16, 2012, 7:22 AM
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Glad to see there will be no casinos in Manhattan...


http://www.nydailynews.com/news/casi...sEnabled=false
Casinos OK for all of New York except in Manhattan, Cuomo says
7 non-Inndian casino sites approved in marathon legislative session


By Glenn Blain
March 16, 2012

Quote:
Gov. Cuomo won’t gamble on casinos in Manhattan.

Hours after the Legislature took the first steps toward legalizing Las Vegas-style casinos in the Empire State, Gov. Cuomo spiked the idea of building the money meccas in Manhattan....

_____________________________________________________________



http://wnyt.com/article/stories/S2540057.shtml?cat=300

NY Lawmakers approve seven vegas-style casinos

03/15/2012
By: Andrew Murphy

Quote:
While an amendment to the New York State Constitution is never a sure thing, lawmakers have gotten the ball rolling to allow casino style gambling in the Empire State.

Lawmakers and the Governor both agree on Vegas-style casinos, and last night the legislature approved a measure to allow seven of these casinos in as yet undetermined sites.

The economic impact is said to be $3.3 billion a year. Saratoga is already betting it will be chosen, announcing a $40 million dollar expansion in anticipation of adding to the $150 million already wagered there on electronic slots every year.

________________________________________________________________


http://polhudson.lohudblogs.com/2012...asinos-begins/
And They’re Off: Battle For Casinos Begins

by Joseph Spector
Mar 15, 2012

Quote:
State lawmakers have passed the first of two constitutional amendments to legalize casino gaming in New York, but people can start taking odds on where they would located......the allotment of casinos leaves unanswered questions about where they would sited and whether the state’s nine racetracks with video-lottery terminals would be part of the casino expansion.

“We haven’t had any discussions about where, who, how –- so I don’t think there should be any assumptions, whatsoever,” Cuomo told reporters. “The number has nothing to do anything except a regional distribution, comparability to other states, and a number that was not overly daunting for our ability to manage, supervise, regulate.”

Cuomo said he would expect that the casinos would be spread across the state, saying, “We want to create destination locations that are not just casinos.” Cuomo suggested a potential bidding process for the gaming licenses. He said his only objection -– one shared by Assembly Speaker Sheldon Silver, D-Manhattan -– would be putting a casino in Manhattan.
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Last edited by NYguy; Mar 16, 2012 at 7:36 AM.
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  #243  
Old Posted Mar 26, 2012, 4:13 PM
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I'm thinking that the Rockaway Branch would solve all the transport woes, if the LIRR ran on it. Then you could get from Penn & GCT to the convention center quickly. In the future, with a possible Lower Manhattan Tunnel for LIRR, one could access FiDi quickly too.

Pity about the Nimby issue, what a waste of a rail line. Could be used for airport access as well.
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  #244  
Old Posted Mar 29, 2012, 1:17 AM
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Another look at the abandoned line...


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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #245  
Old Posted Mar 30, 2012, 1:57 AM
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Those tracks scream opportunity . . hopefully something will materialize here.
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  #246  
Old Posted Mar 31, 2012, 9:04 PM
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He he, looks like "The Earth Without Humans"

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Another look at the abandoned line...


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  #247  
Old Posted Apr 1, 2012, 2:17 AM
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Those trees sure know how to work the system, if you know what I mean...
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  #248  
Old Posted May 3, 2012, 8:56 AM
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http://www.nbcnewyork.com/news/local...149497635.html

I-Team Exclusive: The Man Behind a Queens Casino Dream
Christian Goode has built casinos elsewhere and is now trying his luck in New York


By Chris Glorioso
May 1, 2012

Quote:
The man who has helped build casinos from Oklahoma to West Virginia to western New York is now trying his luck in what is arguably the most lucrative gambling market outside of Las Vegas: New York City. "We supply entertainment that people demand," Christian Goode told NBC 4 New York in a recent exclusive I-Team interview as he strode through the Resorts World Casino, a recently renovated property in Ozone Park, Queens. The casino already houses about 5,000 computerized slot machines known as video lottery terminals.

Goode is the senior vice president of Genting, a Malaysian casino firm that bought a $380 million license to operate those video lottery terminals. Since then, Genting has invested another several hundred million dollars, renovating the building and preparing it for something much bigger: a possible amendment to the New York state constitution that would legalize table games like blackjack and poker. "What we envision is building a world class resort," Goode said. "We've talked about and are working through plans to build the largest convention center in the U.S."

For table games to become legal, the state legislature must approve a constitutional amendment this year and then the voters must approve the amendment in a referendum next year. Goode insists Genting could build a convention center even if table games are voted down, but if they are legalized, he envisions a more rapid expansion driven partly by a steady influx of foreign visitors. The casino's proximity to John F. Kennedy International Airport, he says, would make it an ideal place to attract air travelers. Goode has also talked up a dedicated rail link to Manhattan. "You would see this whole area built out with hotels," he said

If Goode sounds confident, he has good reason to be. Genting has hired one of the most imposing lobbying and public relations teams in New York history. They include a former top aide to Assembly Speaker Sheldon Silver, a former attorney for Senate Majority Leader Dean Skelos, Mayor Bloomberg's former campaign manager, and a long-time adviser to Cuomo. So far, Genting's lobbying efforts appear to be paying dividends. It is hard to find elected leaders who oppose the plan. "I believe Genting is a pioneer in many ways," said Erich Ulrich, a Republican city councilman who represents Ozone Park. "Genting has answered every one of the concerns of my residents," said Democrat State Sen. Joseph Addabbo, who also represents Ozone Park.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #249  
Old Posted May 18, 2012, 5:15 AM
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http://www.qchron.com/editions/south...e85f98e7d.html

At an abandoned line, calls for restoration
Goldfeder creates petition supporting reactivating old Rockaway Beach rail





Assemblyman Phil Goldfeder, right, at podium, and civic leaders announce on Monday that he will collect signatures urging the restoration of the Rockaway Beach Rail Line.






by Anna Gustafson
May 3, 2012

Quote:
Pointing to an abandoned railway in Ozone Park, its paint long ago chipped and trash strewn around its periphery, South Queens residents said on Monday that the city has left the site alone for too long, forcing Rockaway residents to cope with two-hour commutes to Manhattan and isolating communities within the borough.

Since Gov. Cuomo in January proposed building the country’s largest convention center in South Ozone Park — by the casino at Aqueduct —legislators and some civic leaders have called for the Rockaway Beach rail line, commonly referred to as the White Pot Junction Line, to be restored. On Monday, state Assemblyman Phil Goldfeder (D-Ozone Park), community leaders and transportation advocates gathered in Ozone Park to continue to push for trains to once again run on the line —which they have not done since the early 1960s —and said they hoped to collect numerous online signatures at rockawaybeachrail.com to support their plan, which Goldfeder plans to present to the Port Authority, Metropolitan Transportation Authority Chairman Joe Lhota and Cuomo.

“Transportation options for Southern Queens and Rockaway residents are severely limited,” Goldfeder said. “Restoration of the abandoned rail line as an efficient transportation alternative to the current subway lines would be welcomed news to the residents of Queens, who currently suffer with commutes of well over an hour to midtown Manhattan. A petition is the perfect way to send a strong message to decision makers that Queens residents are united in the quest for multiple transit options, and I urge everyone to sign on.”

Goldfeder said faster transportation is needed in the borough’s southern neighborhoods, particularly if the convention center comes to fruition.

“The proposed Genting convention center means more cars in Queens,” said John Rozankowski, a transportation advocate. “Only by reactivating the Rockaway line can this problem be properly addressed.”

Stefan Friedman, a spokesman for Resorts World New York, which operates the casino and plans to run the convention center, said the company supports the idea of additional transportation, though he did not specify whether or not that meant rejuvenating the Rockaway line. “We want to increase the amount of public transportation to support the New York International Convention and Exhibition Center,” Friedman said in an email. “Genting is continuing to explore how to best increase access to our facility, and we are committed to financing part of any eventual improvements.”
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #250  
Old Posted May 21, 2012, 1:34 PM
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http://www.crainsnewyork.com/article...RISM/305209977

Exhibitors fight Javits teardown
Group resists move to Aqueduct, but protest letter to Cuomo goes unanswered.


By Lisa Fickenscher
May 20, 2012

Quote:

After nearly six months of intense meetings and conference calls, senior executives of companies that produce the vast majority of the shows at the Javits Center took a bold public stand, sending a letter to the governor late last month stating their opposition to the demolition of the Far West Side facility. The letter was also distributed to some 600 officials, including state and city legislators. The executives insist they will not patronize the much larger venue in Ozone Park, Queens, at the Aqueduct raceway that is to be built by the casino operator Genting Americas. They prefer a proposed, but troubled, development plan at Willets Point near Citi Field, which is closer to Manhattan. "Javits customers are adamant that the Javits Center remain open long term," their letter stated.

The governor's dramatic announcement in January of a Javits replacement in Ozone Park surprised the executives, but they are determined to get a seat at the negotiating table now. "We wanted to let the governor know that there is a strong base of support [for keeping the facility] and to ask him to reconsider tearing it down," said Britton Jones, chief executive of Business Journals Inc., which produces 17 events at Javits a year, including the Accessories and Moda Manhattan shows.

The main objection to a convention center in Ozone Park is the one-hour-plus distance and lack of speedy transportation to and from Manhattan. But Willets Point is hardly a strong alternative at the moment, since it would take decades before such a project could come to fruition. The city just inked a deal with the Related Cos. and Sterling Equities, controlled by Mets owners Fred Wilpon and Saul Katz, to develop the area by building a retail complex, hotel and residential units. But there was no mention of a convention center in the first phase of the development plan. Genting, the Malaysian-based conglomerate that opened Resorts World Casino at Aqueduct raceway last October, points out that its facility would be entirely privately funded and that no entity has offered to do the same at Willets Point.
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NEW YORK is Back!

“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #251  
Old Posted May 21, 2012, 8:36 PM
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Not going to matter. The land Javits sits on is way too valuable for it to remain through the end of the decade. Particularly after the 7 extension opens and HY gets substantially underway.

A fast LIRR link to the Genting facility should alleviate the concerns of the hotels.
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  #252  
Old Posted May 21, 2012, 10:55 PM
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Not so sure about that. Conventioneers can stay at a variety of Manhattan hotels and have reasonable cab fare to Javits, but an Aqueduct site would require either an absurd cab fare or a trip to Penn/GCT and confusing train ordeal. Conventioneers who have to do this daily for a week or more will not be happy.
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  #253  
Old Posted May 22, 2012, 12:36 AM
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Originally Posted by ardecila View Post
Not so sure about that. Conventioneers can stay at a variety of Manhattan hotels and have reasonable cab fare to Javits, but an Aqueduct site would require either an absurd cab fare or a trip to Penn/GCT and confusing train ordeal. Conventioneers who have to do this daily for a week or more will not be happy.
It's New York, it will be worked around. Everyone involved agrees transportation is inadequate, that's why they are planning better access to the site. What would be best is if that abandoned line were put back into service. What they have planned so far isn't confusing at all, the "express" subway ride from the Fulton Transit Center. Besides staying in Manhattan, the plan is for the site to host hotels of it's own, so people who opt to stay in Manhattan will do so because they will have more activities planned there.

As far as some objecting to the move from Javits, of course they don't won't to be uprooted. These are people who are perfectly fine with the system as it is. Of course, Cuomo is looking at the big picture, and clearly sees that the City can do much better. They are fooling themselves if they think a threat to Cuomo will get them a seat at the table. Cuomo, a hardlinder, should simply tell them to close the door on the way out. You don't want to host in New York, one of the world capitals? Fine, you can and will be replaced. He's looking to expand on what the City can do as far as that toes, not settle for the status quo.
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“Office buildings are our factories – whether for tech, creative or traditional industries we must continue to grow our modern factories to create new jobs,” said United States Senator Chuck Schumer.
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  #254  
Old Posted May 24, 2012, 10:26 PM
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It's New York, it will be worked around. Everyone involved agrees transportation is inadequate, that's why they are planning better access to the site. What would be best is if that abandoned line were put back into service. What they have planned so far isn't confusing at all, the "express" subway ride from the Fulton Transit Center. Besides staying in Manhattan, the plan is for the site to host hotels of it's own, so people who opt to stay in Manhattan will do so because they will have more activities planned there.

As far as some objecting to the move from Javits, of course they don't won't to be uprooted. These are people who are perfectly fine with the system as it is. Of course, Cuomo is looking at the big picture, and clearly sees that the City can do much better. They are fooling themselves if they think a threat to Cuomo will get them a seat at the table. Cuomo, a hardlinder, should simply tell them to close the door on the way out. You don't want to host in New York, one of the world capitals? Fine, you can and will be replaced. He's looking to expand on what the City can do as far as that toes, not settle for the status quo.
I agree that the rail line reconstruction would be the best option for the greater good of the future of NYC, despite NIMBY concerns, as it would perhaps, down the line, facilitate access to JFK from two hot poles of activity (Manhattan, and the new CC complex) by way of a new one-seat-ride link. The current Howard Beach AirTrain station could someday be connected to the current line and a hybrid-train (one that could utilize both rail systems within legal parameters) could service Manhattan, the convention center and the airport. Perfect solution. Quite frankly, from a global perspective and seeing as how cities such as London carried out their airport rail plan (expensive tunnels, and using extensions off existing main railways), NYC would be shooting itself in the foot if it were to miss such a practical and comparatively economical solution. A kill-two-birds-with one-stone move if I ever saw one!
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  #255  
Old Posted May 24, 2012, 11:13 PM
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Originally Posted by ardecila View Post
Not so sure about that. Conventioneers can stay at a variety of Manhattan hotels and have reasonable cab fare to Javits, but an Aqueduct site would require either an absurd cab fare or a trip to Penn/GCT and confusing train ordeal. Conventioneers who have to do this daily for a week or more will not be happy.
Possibly true, but probably irrelevent, because:

Javits, as it currently exists, hosts few conventions (it's built as an exhibition center, not a convention center, so think auto show and boat expo, not podiatrist's convention, i.e. it's primarily local visitation, so it spurs little hotel demand), and

The new convention center would include a number of large convention hotels, and Resorts World is already building a new subway station, with direct, covered, casino/convention access.
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  #256  
Old Posted May 26, 2012, 12:09 AM
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Originally Posted by Crawford View Post
Possibly true, but probably irrelevent, because:

Javits, as it currently exists, hosts few conventions (it's built as an exhibition center, not a convention center, so think auto show and boat expo, not podiatrist's convention, i.e. it's primarily local visitation, so it spurs little hotel demand), and

The new convention center would include a number of large convention hotels, and Resorts World is already building a new subway station, with direct, covered, casino/convention access.
Actually it's an existing subway station whose north section was almost completely abandoned after the racetrack days. I haven't heard of MTA in the talks about renovating it,but seeing as the facility draws so many customers it should have been put into play.

If the LIRR deal is also put into play, that could mean a big plus in terms of passenger ridership. Another big plus for the MTA. It really does depend on what the city wants to do with Javits, however, and if they plan to tear it down, at least put something respectable up, in its place.
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  #257  
Old Posted Jun 4, 2012, 1:17 PM
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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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  #258  
Old Posted Jun 4, 2012, 5:24 PM
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http://www.nytimes.com/2012/06/02/ny....html?_r=1&hpw

On Friday, Mr. Cuomo sought to cast the breakdown of the deal as a positive, saying the state is now entering into discussions with other gambling companies. He said he planned to set up a competitive bidding process and entertain other casino proposals next year.

“They all want to come to New York, and they all have all sorts of exciting ideas — ideas that we didn’t even think of,” Mr. Cuomo said in an interview with his predecessor, former Gov. David A. Paterson, on WOR-AM. “They want to be here. They’re excited.”
This is the way it should have been done from the start, shame that this seems to have gotten delayed though.

Last edited by Eidolon; Jun 4, 2012 at 5:25 PM. Reason: spelling
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  #259  
Old Posted Jun 4, 2012, 6:31 PM
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This is the way it should have been done from the start, shame that this seems to have gotten delayed though.
The problem with that is - who else was going to front the money to build the convention center that Genting has already said it will. Genting has said that it wants exclusive rights to open a casino in the City, something Cuomo wasn't prepared to do because he has to see what the options are from other companies. I will be surprised if anyone else steps up to front the cost of building a new convention center, but it's possible now because Genting has put that on the table.


http://biz.thestar.com.my/news/story...1&sec=business

Genting Malaysia still keen on NY convention centre

June 4, 2012

Quote:
Genting Malaysia Bhd said on Monday it would take part in the bid process for an integrated mixed-use complex in Queens, New York, despite that the earlier US$4bil plan had fallen through. "Genting New York will participate in the bid process for the convention centre when it is announced," it said on Monday.

Genting Malaysia said the relevant parties were to negotiate terms in good faith with a view of entering into a binding MoU on or before Nov 30, 2012. However, on June 1, the State of New York announced that the parties were unable to agree on mutually acceptable terms and will bid out the convention centre proposal.


________________________________



http://www.reuters.com/article/2012/...8H40V820120604

Genting's New York plan hits snag

June 3, 2012

Quote:
Genting group is no longer the only party New York is talking to for a planned $4 billion mega convention centre that could come with a casino license, governor Andrew Cuomo reportedly said last Friday.

_____________________________________________________


http://www.nypost.com/p/news/local/c...pONkyZHz9pShKO

Cuomo’s best bet for NYC casinos: Vegas, baby!

Fredric U. Dicker
June 4, 2012

Quote:

A Who’s Who of big-name Las Vegas gambling companies is lining up to replace the Genting company as builder/operator of a huge new convention center/megacasino complex in New York City, The Post has learned. Over the last three months, top officials from Sands Las Vegas, Caesars Entertainment and MGM Resorts have all told Howard Glaser, Gov. Cuomo’s state operations director, or other top Cuomo aides that they’re interested in replacing Genting.

“There really is a great deal of interest from major Las Vegas operators, especially with companies whose business model utilizes the convention-center/casino hybrid approach,” the source said. “A steady stream of people have been coming in who are interested in doing this.”

Among top corporate representatives who spoke with Cuomo’s aides about the project were Sands board Chairman and CEO Sheldon Adelson, Sands VP Andy Abboud, Caesars VP Jan Jones and MGM Resorts VP Alan Feldman, according to the source.
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  #260  
Old Posted Jun 8, 2012, 10:11 AM
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http://www.nytimes.com/2012/06/08/ny...1&ref=nyregion

After Setback, Cuomo Weighs New Option for Convention-Casino Complex in City

By DANNY HAKIM and CHARLES V. BAGLI
June 7, 2012


Quote:
Now that Gov. Andrew M. Cuomo has abandoned his dream of building the nation’s largest convention center at the Aqueduct racetrack in Queens, he is handling multiple offers from the gambling industry to develop a combination casino and convention center at other sites around New York City. The proposals involve an array of locations in the city — from Coney Island to Willets Point to Randalls Island, as well as nearby locales like Yonkers and Belmont Park. But Mr. Cuomo would now prefer to see the development in Manhattan, perhaps at the Far West Side site of the much-maligned Jacob K. Javits Convention Center, said a senior administration official, who spoke on the condition of anonymity because the bidding process was continuing. “When you take Manhattan off the table,” the official said, “you cost the state billions.”

But to bring a casino to Manhattan, the governor would need the support of the Assembly speaker, Sheldon Silver, a Democrat from the Lower East Side, who, on moral grounds, has long opposed gambling in the borough. “I would prefer to stay out of the city, but certainly at best the fringes of the city, in order to avoid the social ills that come with casino gaming,” Mr. Silver said. “I’m not a fan of casino gaming, and I think generally our conference is not a fan of casino gaming.” Mr. Silver acknowledged that with the proliferation of gambling in neighboring states, the state might as well “keep the New York dollar in New York,” but he said he wanted to keep it out of densely populated areas. He has often suggested that the state instead grant permission for a casino in the Catskills.

Mr. Cuomo is hoping that by linking a New York casino license to a convention center, he can persuade a gambling company to pay for the convention center. The hotel and convention industries have long sought an expansion of the Javits Center, but the state does not have the money to do that itself. Genting remains in the mix as a possible developer of a convention center-casino development, even though the current talks fell apart over the uncertain future of casino gambling in New York.

“Genting will develop our site into one of the world’s premier destinations for gaming,” said Stefan Friedman, a Genting spokesman. “We will not hesitate to advance those ideas in any process agreed to by Governor Cuomo and the Legislature, under the right business conditions.”
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