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Market
Future outcome for Willets Point by end of 2025
5
Resolution / Starting Odds
Development by Related • 25%
Development by another third-party developer • 25%
Continuation of the current state without major development • 25%
Implementation of Sen. Ramos's plan • 25%
New York City planning records and media reports
Story
Sen. Jessica Ramos Opposes Steve Cohen and Hard Rock's Citi Field Casino Plan in Queens
May 28, 2024, 12:53 PM
State Senator Jessica Ramos has formally announced her opposition to billionaire Steve Cohen's plan to develop a resort and casino at Citi Field in Queens. Ramos, who has been skeptical of the proposal, stated that the plan does not align with the community's goal of building generational wealth. Instead, she has drafted a bill that excludes a casino and proposes a hotel, convention center, and doubling the park space. This opposition is a significant setback for Cohen and Hard Rock's casino plans, as Ramos's support is crucial for passing the necessary parkland alienation bill. Without her backing, the project is likely to be halted, benefiting other developers like Related with competing projects in Willets.
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Project halted • 33%
Project modified • 33%
Project continues as planned • 33%
New laws passed • 33%
Existing laws strengthened • 33%
No significant changes • 34%
Implemented as initially planned • 33%
Modified plan implemented • 33%
No implementation • 33%
Increase in rental prices • 33%
Decrease in rental prices • 33%
No significant change • 34%
Tax is implemented • 33%
Tax is rejected • 33%
No decision made • 33%
Fully resolved • 33%
Partially resolved • 34%
Not resolved • 33%
Major increase • 33%
Slight increase • 34%
No change • 33%
Proposes new reforms • 33%
Votes against future police contracts • 33%
Supports the existing contract • 34%
Significant reduction in funding • 33%
Moderate reduction in funding • 33%
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Increased lighting • 25%
More security cameras • 25%
Increased police presence • 25%
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Significant progress • 33%
Moderate progress • 33%
No progress • 33%