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Silverstein and Greenwood eye NY casino bid

| By Robert Fletcher
Real estate business Silverstein Properties and Greenwood Gaming and Entertainment have revealed plans to bid for a commercial casino in downstate New York.
New York

“Avenir” would be located in Manhattan’s far West Side and cover an area of 1.8m sq ft. The full project would also feature a hotel, entertainment amenities and residential complex.

Greenwood, the operator of Parx Casino in Pennsylvania, would work with Silverstein on the casino section of the development. Full details of the proposed venue were not disclosed.

According to Silverstein, should the full project get the go-ahead, it would create 5,500 new, permanent jobs. The development would also create a further 4,000 construction jobs.

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