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Shocked Newsbeat
Tuesday, February 05, 2013
While team owners Fred Wilpon and Saul Katz are still having trouble opening their tight pockets for high-priced free agents, that didn’t stop their development arm, Sterling Equities, from betting on a proposal that called for bringing a massive casino with gaming tables and slots, a 500-room, full-service hotel, 1.8 million square feet of retail and other amenities to the Willets Point development site in Queens.
The Southampton-based Shinnecock Indian Nation signed on to operate the casino, and the Wilpons and partners even offered the city $100 million for the 62-acre site, according to the development team’s proposal, which was first obtained by project opponents Willets Point United and NYC Park Advocates.
bobm
Posted: February 05, 2013 at 09:47 AM | 34 comment(s)
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