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Through a separate lending group, the project had 130 million to continue construction while the lawsuit proceeded. However, the second group partially pulled its financing in late April 2009, after the first group rescinded its loan on the project. Work was reduced to skeleton crews, and construction proceeded at a slower pace. In May 2009, Fontainebleau filed an amendment to its lawsuit, stating that Deutsche Bank, part of the main banking group, had a conflict of interest. The bank had an ownership stake in the upcoming Cosmopolitan resort, also under construction on the Las Vegas Strip. Deutsche Bank was accused of “seeking to destroy the Fontainebleau in order to minimize competition” for the Cosmopolitan.
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Research shows that, Las Vegas aside, casinos don’t meaningfully drive new tourism. Instead, they act as magnets for local gamblers and prey on vulnerable populations. A Times Square casino would bring economic and social disruption, not development, and make our community less welcoming to families from all over the world. Add in the most rewarding Player’s Club program in the state, and you have a reason to join us every day. Each day features rewarding promotions, exciting drawings and the potential to hit the big jackpot. We still fondly think about components of the brand new Reba McEntire We noticed 20+ in years past.
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The last time I heard Bratton weigh in on Times Square was during the desnudas controversy, speaking as Mayor Bill de Blasio’s police commissioner. In a radio interview, Bratton argued that the way to remove the painted ladies and other street performers was to get rid of the pedestrianized stretch of Broadway. “I’d prefer to just dig the whole damn thing up and put it back the way it was,” Bratton remarked.
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