Related Companies has revealed its art rendering for Wynn Resorts’ latest project to build a casino on Hudson Yards, according to a recent New York Post report. The project comes with a projected price tag of $12bn.
Hudson Yards is a former LIRR trains graveyard located on the West Side of Manhattan.
The rendering features both an office building and a residential tower near the casino resort tower. The complex would also include a community facility, day care center and a 750-seat public school.
Related Companies created the plan for the proposed casino hotel, which will be home to an 800-story tower that overlooks the Hudson River.
Related Companies CEO Jeff Blau told the New York Post, “Hudson Yards has already proven to be an unparalleled catalyst for the New York economy, first through tens of thousands of construction jobs and now as home to the world’s leading companies, retail and housing.”
In other company news, Wynn recently sued Fontainebleau Las Vegas, claiming that the company has been poaching executive staff from its Las Vegas property.
Since its December 2023 opening, Fontainebleau has lost four executives, including VP of Revenue Management Angie Dobney, former COO Colleen Birch, former CMO Shane Smith and former SVP of Casino Operations Michael Clifford.
Wynn Resorts owns and operates four locations, including Wynn Las Vegas, Encore Boston Harbor, Wynn Palace and Wynn Macau. The group is part of the S&P 500 Index, as well as on the Nasdaq Global Select Market and is traded under the WYNN ticker symbol.
