In a bold move to transform the Bronx’s landscape, Bally’s Corporation has unveiled ambitious plans to develop a state-of-the-art casino resort at Ferry Point Park. Spearheading this venture is Bally’s Chairman, Soo Kim, who contends that the proposal’s advancement is being unjustly hindered due to indirect ties with former President Donald Trump.
The heart of the controversy stems from Bally’s acquisition of the lease for the golf course at Ferry Point Park from The Trump Organization in 2023. This $60 million deal not only transferred control but also embedded a clause promising The Trump Organization an additional windfall of $115 million should Bally’s secure permission to construct and operate a casino on this city-owned land.
Under Bally’s stewardship, the 18-hole Jack Nicklaus-designed golf course now operates as Bally’s Golf Links at Ferry Point, maintaining its prestigious legacy without skipping a beat. However, it’s not just about fairways and greens; Bally’s vision encompasses a sprawling 500K-square-foot gaming floor replete with 5,100 slot machines and table games. Complementing this entertainment hub would be a luxurious 500-room hotel, a capacious event center capable of seating 2,000 guests, an indulgent full-service spa, and ample parking facilities for nearly 4,700 vehicles.
Despite these grand plans, Soo Kim voices frustration over perceived bureaucratic roadblocks. Recently, New York state legislators greenlit rezoning efforts in Queens for another high-profile casino project led by billionaire Steve Cohen at Citi Field MLB ballpark. In contrast, Kim laments that his project has yet to receive similar governmental blessings necessary for bringing his comprehensive casino vision into reality.
For Bally’s bid to proceed within the competitive race for one of three coveted downstate New York gaming licenses—which promise lucrative slot machine, live-dealer table games, and sports betting opportunities—city approval is imperative. Yet efforts have stalled; City Council Speaker Adrienne Adams (D-Queens) recently halted progress on advancing Bally’s proposal.
Kim argues that council resistance is largely fueled by opposition to any potential benefits accruing to The Trump Organization through their prior agreement. “They’re saying ‘If Bally’s win[s], Trump benefits.’ That’s crazy,” he expressed in dismay to the New York Post. “If we don’t get a vote in the City Council, we can’t advance our bid.”
While city officials deny deliberately stonewalling the project—with council spokesperson Mandela Jones citing ongoing legislative processes—the impasse remains.
As compensation debates swirl amongst NYC councilors—who earn upwards of $148,500 annually—and state lawmakers in Albany drawing salaries around $142K per year—the future of this transformative casino resort hangs in balance. Amidst political maneuvers and financial entanglements lies an opportunity to redefine entertainment and leisure in New York City’s Bronx borough—a chance that hinges on navigating complex landscapes far beyond those of any golf course or gaming floor.
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