New York Mets owner Steve Cohen’s ambitious $8 billion casino and entertainment complex near Citi Field has gained significant momentum with a new legislative push. A bill introduced by New York State Senator Jessica Ramos seeks to remove legal barriers preventing the construction of the casino on parkland, a crucial step in advancing Cohen’s vision for the area. The proposed development, named Metropolitan Park, aims to transform the underutilized space adjacent to the stadium into a vibrant entertainment district featuring a casino, hotels, restaurants, and green spaces.
The key obstacle facing the project has been the land’s designation as parkland, requiring legislative approval for commercial development. Senator Ramos, who had previously expressed hesitancy, is now backing the bill, marking a major breakthrough for Cohen and his development partners. The bill would enable a land-use change, allowing the site—currently used for parking—to be repurposed for economic development.
Cohen’s proposal aligns with New York’s broader push to expand casino gambling and generate new revenue streams. With three downstate casino licenses available, competition is fierce, but Cohen’s bid is strengthened by his deep financial resources and the potential economic impact of the project. The development is expected to create thousands of jobs, attract millions of visitors, and inject substantial tax revenue into local and state coffers.
However, the project is not without controversy. Critics argue that the conversion of public land for private commercial use sets a concerning precedent. Community activists and environmental groups have voiced concerns over potential traffic congestion, environmental impacts, and the social effects of expanded gambling. Additionally, rival casino bidders, including major players like Wynn Resorts and Las Vegas Sands, are aggressively lobbying for their own projects in the New York City area.
Despite these challenges, Cohen has actively engaged with local stakeholders, promising community benefits such as improved infrastructure, green spaces, and public amenities. His development team has emphasized that Metropolitan Park will be more than just a casino, branding it as a family-friendly entertainment hub.
As the bill moves through the legislative process, its outcome will be closely watched by investors, policymakers, and the local community. If approved, it would clear the path for Cohen’s bid to secure one of the coveted casino licenses, reshaping the Queens waterfront and solidifying Citi Field’s surroundings as a premier entertainment destination. The decision could have lasting economic and social implications for the city, making it one of the most high-profile real estate and gaming projects in recent New York history.
