Silverstein Properties, a full-service real-estate development, investment and management company based in New York, has made a bid, together with its gaming partner Greenwood Gaming and Entertainment, owner of Parx Casino in Pennsylvania, to construct Avenir, a gaming, hotel, entertainment and residential complex, on an empty 92,000-square-foot lot on Manhattan’s far west side near the Jacob Javits Convention Center.
However, they aren’t the only ones fighting to win one of the 3 available casino licenses.
Layout of the proposed property:
Since 1984, Silverstein has owned the aforementioned empty lot, located between West 42nd and West 41st streets and 11th and 12th Avenues. Moreover, if the partners succeed in obtaining the license, upon …