Jay-Z Working To Open Casino In Times Square
Jay-Z is working with SL Green and Caesars Entertainment to open a casino in the middle of Times Square. The casino, Caesars Palace Times Square, would be located at SL Green’s 1515 Broadway office tower. SL Green is currently New York City’s largest commercial landlord with interests in six Times Square properties, owning over 4 million square feet. The casino would take up eight floors of the property. The ground floor will be used for non-gaming purposes, including an entrance to the Minskoff Theater. Many of the surrounding businesses are happy about the casino, citing the increase in business it will bring. Jay-Z made a statement saying, “New York is the epicenter of culture. We have the opportunity to create a destination at the heart of the true crossroads of the world. My partnership with SL Green and Caesars has all the promise and commitment to economic opportunity, growth, and enrichment for the community and everyone that visits the Empire State.”
