“The more we learned, the more it became clear that this is a once-in-a-lifetime opportunity to invest in the future of Times Square and firmly improve the quality of life for neighbors in the area. “As one of the closest neighbors to the proposed site, we carefully considered the impact this bid would have on our neighborhood,” Charlie Rosenberg from The Paramount Building at 1501 Broadway said in the statement. RFR is a major New York developer and owns the Paramount Hotel in Times Square. 1 tourist destination and hub for entertainment, hospitality, retail, and transportation.” “No location in the city is more suitable for the beginning of our gaming industry than Times Square, being the No. It is the destination for the domestic tourist as well as the international traveler and a playground for New Yorkers from all five boroughs,” RFR co-founder and principal Aby Rosen, one of the members of the group, said in a statement, according to. “Times Square exemplifies the culture, energy, and optimism of New York City and is justifiably referred to as the crossroads of the world. Still, getting nearly 75 of anything to agree on something in New York real estate has to be counted as a win. The group was launched by SL Green Realty a year ago, according to.

The Coalition for a Better Times Square, a group of nearly 75 businesses in and around Times Square, came out last week with full-throated support for the idea of Caesars, Jay Z’s Roc Nation, and SL Green Realty Company getting a casino license in the area.

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