Manhattan Plaza tenants gathered to hear about a proposal to build a casino in Times Square, which faces criticism. The Tenant Association President, Aleta LaFargue, initially opposed the plan but later softened her stance. It was revealed that she was offered a $20,000 monthly contract by Roc Nation for community engagement, though she denied signing it. Concerns were raised about tactics to garner community support. The tenants’ support is crucial for the casino bid, which involves significant financial commitments. The situation raises questions about lobbying rules and transparency.
Introduction to Manhattan Plaza Casino Proposal in Times Square
In a recent meeting at Manhattan Plaza, a proposal to build Manhattan’s first casino in Times Square was presented to the tenants. The plan, led by Roc Nation and SL Green, includes a 250,000 square feet gambling space and a 950-room hotel tower near Manhattan Plaza. However, the proposal has faced criticism from various groups, including Broadway workers, theater owners, and Manhattan Plaza tenants, many of whom are performing artists.
Community Engagement and Controversies
The Roc Nation proposal has sparked controversy, with concerns raised about its potential impact on the community. Tenant Association President Aleta LaFargue, who had previously criticized the plan as “predatory,” took a softer stance during the meeting, indicating a willingness to listen to the proposal. However, questions arose about a $20,000-a-month contract offered to LaFargue by Roc Nation for community engagement, leading to speculation about the motives behind her change in position.
Community Support and Opposition
The No Times Square Casino Coalition, which includes Broadway League and local tenant groups, has been vocal in opposing the casino proposal. A recent poll commissioned by the coalition revealed that 71% of Midtown residents were against the casino in Times Square. The coalition has raised concerns about the tactics used by developers to secure public support and questioned the authenticity of community backing for the project.
Manhattan Plaza and Its Residents
Manhattan Plaza, a community of subsidized apartments for performing artists, has a rich history and a close-knit residents’ network. With nearly 1,700 apartments, the complex plays a crucial role in determining the fate of the casino proposal, as residents will have a significant say in the decision-making process. The developers are required to engage with the community and secure approval from a group of residents selected by local officials to proceed with their bid.
The Casino Proposal and Financial Implications
The casino developers are required to submit a substantial table stake of $500 million and commit to a high tax rate to be considered for a gambling license. The competitive process for the limited number of licenses in New York emphasizes community support as a key factor in the selection criteria. The potential economic benefits of the casino license have attracted multiple bids, with developers like Roc Nation and SL Green vying for the opportunity.
Conclusion
The proposed casino in Times Square has generated intense debate and scrutiny, with stakeholders expressing diverging views on its potential impact. The involvement of Manhattan Plaza residents, particularly Tenant Association President Aleta LaFargue, in the casino proposal has raised questions about community engagement and transparency. As the decision-making process unfolds, the future of the casino project in Times Square remains uncertain, with competing interests and concerns shaping the outcome.
Source: TheCity.NYC
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