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The city of New York Muni just approved $4 billion in additions

Golf and gambling have never been at the top of New York City’s long list.

Now those two artists are set to draw visitors to the same big apple property.

On Monday, the New York Gaming Commission granted a gaming license to Bally to build a Casino-Hotel in Ferry Point Park in the Bronx, a property owned by the time chosen by President Donald Trump’s company home. .

The development of Bally will be of particular interest to golfers given the $4 billion budget allowed and the hospitality that will revitalize the southern part of the course. The plans call for a Casino, a 23-story hotel with 500 rooms, a convention and event center, and retail space.

“In the middle of the three wings of the building is a curvilinear sky bridge arranged with an exposed applive terrace, and an additional green roof is shown to cover other insects that enter,” New York YIMBY reported in July. “Winking Walkays and re-arranged vehicular access to the northern edge of the property are also visible.”

Ferry Point, which sits in the shadows of the whitestone bridge, is known for its New York City Skyline views and winding, winding streets that you’d expect to find in the Bronx rather than the Bronx. In 2022, this place was the site of the Aramco team series, the Sadi-Fedy Ladi-European Tour event, which was won by Lexi Thompson.

The first course was green for the first time – lit in 2000 by Rudolph Giuliani, with the intention of opening in 2003. But the environmental constraints and the financial budget were tortuous. After years of mismanagement, the city, in 2012, was granted a 20-year operating license for the Trump Organization. The course opened three years later.

In 2021, after the uprising of Jan. In September 2023, Bally paid the Trump Organization $60 million to take a license to the site, an agreement that extends to 2035. In January 2024, the area was renamed bally golf equipment in the golf rehabilitation area.

“This is another step in making the Bronx a global destination,” Borough Vice President Janet Peguero said at the time.

The approval of the casino license opens another payment for the Trump organization. According to New York TimesThe first purchase agreement between the Bally Organization and the Trump Organization stated that if the gaming license were to be approved after the sale date, Bally would have to pay the Trump company an additional $115 million.

“When they proposed first [the agreement]I’m like, ‘This hell?’ “The chairman of Bally soo Kim told Jehovah Times. “We’re already getting a lot of money for the golf course. What do they think is worth it? But they know it’s worth it to me and to us and to the bronx.”

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