Real Estate
Controversial Times Square Casino Proposal's Final Hearing Scheduled: See When
Caesars Palace seeks to open a casino in a Times Square office building, but first, a neighborhood committee needs to vote in its favor.

MIDTOWN, NY — The public comment period for the much-debated application to build a Caesars Palace casino on Broadway between West 44th and 45th streets is nearing its finish line, with the final public hearing scheduled for Thursday.
The public hearing will be from 2 p.m. until 8 p.m. on Thursday at the Broadhurst Theatre, which is located at 235 W 44th St., New York, NY 10016.
The casino is one of eight applicants vying for three contracts to open a casino in the five boroughs, which will be chosen by the end of this year.
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Though the website for Caesars Palace Times Square calls itself a "vital plan" for the theater-laden neighborhood, several neighborhood groups have opposed the project, saying it would significantly change the neighborhood and harm existing businesses and residents.
"This casino remains an existential threat to Broadway and our entire neighborhood," Jason Laks, president of the Broadway League, said at the first public hearing on Aug. 13.
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The Caesars Palace Times Square casino venture is brought on by Jay-Z's entertainment company Roc Nation, as well as SL Green and Caesars Entertainment, and has support from several trade unions and companies in the area.
The casino, if approved, would convert an already-existing building into a hotel with three restaurants, a nightclub, a spa and, of course, gambling space. In order to sweeten the deal, the casino's owners have promised more than $100 million in programs to support the surrounding neighborhood.
"Local businesses will directly benefit from the Caesars rewards point exchange program, which will allow businesses and restaurants to accept Caesars rewards points," Jerrell Gibbs said at the first public hearing in support of the project.
For New Yorkers who cannot attend the hearing in person but wish to comment, the board is accepting public comments via email at CaesarsTimesSqPublicComment@nystec.com.
A Community Advisory Committee will vote on whether to approve the project by Sept. 30, before the application goes before the Gaming Facility Location Board for a final vote.
The Caesars Palace Times Square casino, if approved, would be located at 1515 Broadway.
The public hearing will be streamed live on YouTube.
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