Offering the potential of revitalizing Coney Island to its heydays and a pledge to fill jobs locally, The Coney made its pitch to its Community Advisory Committee (CAC) on Wednesday in Brooklyn.
Fronted by Thor Equities, Saratoga Casino Holdings, Chickasaw Nation, and Legends Hospitality, The Coney is a $3.4 billion proposal that would bring gaming to Brooklyn along with a 500-room hotel, more than 115,000 square feet of convention space, a 26,000-square foot venue for entertainment, over 90,000 square feet of retail space, and more than 20 restaurants.
The Coney is among eight applications submitted to the New York State Gaming Commission looking to be awarded one of the three $500 million downstate licenses. It is also the lone Brooklyn-based proposal among the eight. The Coney, however, is a longshot as two of the three licenses are expected to go to Resorts World and Empire City as they look to expand their offerings…