The $3 billion proposal from realtor SL Green for Times Square would turn the 53 story office tower into a hotel atop the casino. 'There’s gotta be a reason to come to Times Square besides getting a hug from Elmo and getting a picture taken.' 'New York City always needs some new vitality' Strum said. That's because despite the holiday cheer, his business still hasn’t fully recovered from COVID. Ken Sturm, the owner of Bacalls Restaurant on 44th Street, likes the idea of a Caesar's Palace across the street. The Broadway League said that 'every dollar spent at the craps table, roulette wheel or slot machine is a dollar not spent on a play, dinner, or a souvenir.
The proposed site for the resort casino is just south of the Javits Center, Melissa Colorado reports.īut there is also opposition.