Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

$4 Billion Aqueduct Racetrack Casino Falls Through

By Jess Wisloski | June 2, 2012 7:10pm
A job seeker in front of television screens April 9, 2010 at the Aqueduct Race Track in the Jamaica neighborhood, in Queens, New York.
A job seeker in front of television screens April 9, 2010 at the Aqueduct Race Track in the Jamaica neighborhood, in Queens, New York.
View Full Caption
Chris Hondros/Getty Images

JAMAICA — Plans to build what would have been the nation's largest casino and convention center next to Aqueduct Racetrack in Queens have fallen apart, Governor Andrew Cuomo said in a radio interview Friday.

The proposal, which had been developed with the Genting Organization, was originally revealed as a pivotal part of his January State of the State speech. 

On Friday, he announced on WOR radio, that "The conversations hadn't really worked out," with the Malaysian gambling company, which was slated to build the casino complex.

It was reported that the Genting proposal was supposed to have created 10,000 temporary construction jobs, and 10,000 permanent jobs on the site near Kennedy Airport.

The Governor proposed razing the Javits Center during his State of the State address.
The Governor proposed razing the Javits Center during his State of the State address.
View Full Caption
javitscenter.com

However, despite Cuomo's claim that it would become the "No. 1 convention site in the nation," public opinion polls showed flagging interest in the $4 billion, 3.8-million square foot venue.

One of the more controversial elements of Cuomo's plan involved razing the Javits Center in Manhattan.

According to the Associated Press, Genting spent more than $774,000 on lobbying in the state in the first 10 months of 2011.