Freedom Plaza Casino
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Boutique developer Soloviev Group, together with Mohegan as its casino partner, propose to develop a 1,200-room hotel, two residential towers, museum, green spaces and casino property, equipped with a massive Ferris wheel on an undeveloped 6.5 acre plot of land between 38th and 41st Streets on First Avenue, overlooking the East River in New York City. The shovel-ready "Freedon Plaza" property is located near the United Nations headquarters in the city and would include include up to 1,500 rental and condo apartments and create more than 2,000 jobs, according to the developer.
An ideal location, the development would be connected to the Franklin D. Roosevelt East River Drive and numerous bus stops, Freedom Plaza is a short walk from the 34th Street ferry and Grand Central Station.
The process to award another three casino licenses in the downstate area was approved by state officials in the New York 2022 budget. Licenses are not expected to be awarded until later in 2023 at the earliest.
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