Related Cos. CEO Blau on Proposed Hudson Yards Casino

The video discusses the authorization of new casinos in Manhattan, focusing on a proposal by Jeff Blau, CEO of Related Companies, to build a high-end resort and casino at Hudson Yards. The project aims to boost economic development and create jobs, with plans for a hotel, restaurants, and a school. Infrastructure support is addressed, highlighting the area's transit access. The timeline for the project is outlined, with competition from other locations like Times Square and Coney Island. Local officials will have input in the selection process, and a temporary casino may open before the full resort is completed.

What was the reason for delaying the downstate casino licenses until 2023?

• To focus on infrastructure development first

• Because of financial constraints

• Due to a lack of interest from developers

• To allow upstate casinos to establish themselves without competition

What is a unique feature of the proposed resort at Hudson Yards?

• It will have a direct connection to the Javits Convention Center

• It will be the first casino in New York City

• It will only feature slot machines

• It will be built entirely underground

How does the Hudson Yards development plan to support increased traffic and visitors?

• By building new roads

• By expanding the number 7 subway line

• By constructing a new airport

• By providing free shuttle services

Which company is mentioned as a competitor for the casino license in Times Square?

• MGM

• Caesars

• Genting

• Wynn

What role do local officials play in the casino license selection process?

• They select the final design of the casinos

• They are responsible for funding the projects

• They provide input and have a say in the decision

• They have no involvement