environment and giving back to the community. It was a perfect match for us to come together and build the project.


"Every major operator is either rumoured or


known to be in the bidding. Whether it's Sands, MGM, Resorts World, Wynn - you name them, they're in the running. Te projections are that at full maturation the market will be worth over $5bn. Who wouldn't want to be part of that?"


Freedom Plaza will introduce the world’s first museum dedicated to the celebration of freedom and democracy as well as a substantial green area, a performance venue, a 1,000+ room first-class hotel, and two residential towers which will work towards satisfying the city’s critical shortage of housing.


Te immediate surrounding area is largely undeveloped in terms of real estate, providing an opportunity for access without undue disruption. Connected to the Franklin D. Roosevelt East River Drive and numerous bus stops, Freedom Plaza is a short walk from the 34th Street ferry and Grand Central Station.


Te development team will also explore providing additional dedicated ferry service. Generating thousands of jobs throughout the construction process and, upon opening,


Freedom Plaza will inject the local economy with millions of dollars in new tax revenue.


"I won't prognosticate on what our chances are [of success]. As we speak, we're at the first round of questions stage. New York issued a 30- day period to ask questions, which we did and my understanding is that beyond us there were hundreds of other questions.


"New York State gave themselves an unlimited amount of time to respond to those questions. Te second step is going to be once those responses are received another 30-day period to ask a second round of questions.


"Te New York State Gaming Commission said


it could be 2024/25 before licences are issued. We're working diligently and our team continues to work on design drawings and garnering community support.


"We will continue to put our best foot forward


to try and win the bid. I think we have the best site and the highest generating product that will provide the best benefit for New York City and the State of New York.


"Ultimately, it boils down to a panel of board members who will make the decision. All we can do is try our best to prevail."


"The New York State Gaming Commission said it could be


2024/25 before licences are issued. We're working diligently and our team continues to work on design drawings and


garnering community support. We will continue to put our best foot forward to try and win the bid. I think we have the best site and the highest generating product that will provide the best benefit for New York City and the State of New York. Ultimately, it boils


down to a panel of board members who will make the decision. All we can do is try our best to prevail."


NEWSWIRE / INTERACTIVE / MARKET DATA P107


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