"Controversial Developer Continues to Expand Empire with New Low-Rise Residential Projects in Williamsburg, Brooklyn"
"Two rival casino proposals in Manhattan may either face defeat or advance to the final stage, as Community Advisory Committees vote this week."
After two years of competing for the public's support, Wednesday marks the decisive moment for Silverstein Properties and SL Green Realty as two Community Advisory Committees (CACs) vote on their respective casino bids in Manhattan. The proposals have been met with controversy and skepticism from community members and officials, but the fate of the projects now rests in the hands of six CAC members for each team.
If the CACs approve the bids with at least four votes each, the projects will move on to the final stage of the casino competition. However, any less than four votes could mean the end of the road for the developers.
The competition has been fierce, with both teams vying for the lucrative opportunity to build a casino in the heart of Manhattan. Silverstein Properties has proposed a casino in the Financial District, while SL Green Realty has its sights set on Midtown. Both teams have invested significant time and resources in their proposals, but only one will come out on top.
The decision of the CACs will have a major impact on the future of land use in Manhattan, and the outcome is eagerly awaited by developers, community members, and city officials alike.
Originally reported by The Real Deal
https://therealdeal.com/new-york/2025/09/16/cacs-to-vote-on-sl-green-silverstein-casino-bids/