Real Estate Firm Silverstein Properties enlists Rush Street Gaming for gambling venture in New York City's casino endeavor.
Title: New York City's Avenir Casino: Silverstein Properties, Rush Street, and Parx Casino Team Up for a Billion-Dollar Manhattan Venture
Posted on: May 16, 2025, 09:43h.
Last updated on: May 16, 2025, 10:36h.
By: Devin O'Connor @CasinoorgDevinO
Casino.org | Asia Pacific Gaming | Commercial Gaming | Politics | Real Estate
A Fortuitous Merger of Interests
Silverstein Properties, renowned for itsLandmark World Trade Center leasehold, has forged a strategic alliance with Rush Street Gaming and Greenwood Gaming and Entertainment, with a shared aim to sow the seeds of a groundbreaking integrated resort casino – Avenir– on the bustling, untapped expanse of Manhattan's Far West Side.
The union of these heavyweight players in their respective industries is shaping up to be a blockbuster move that could potentially flip the game in New York State's fiercely competitive casino licensing race.
The Avenir Project: Unraveling Manhattan's Finest Gambling and Entertainment Puzzle
Slated to rise on a prime, 2.1-acre, 92,000-square-foot swath of land nestled westward of 11th Avenue, Avenir is destined to showcase a dazzling mosaic of titanic, 46-story towers, interconnected by a glistening sky bridge. Plans also outline a sprawling, 600,000-square-foot gaming and entertainment hub, coupled with 1,000 sumptuous accommodations for oft-jetlagged visitors.
Remarkably, strides towards this ambitious endeavor areRooted in Silverstein Properties' stalwart ownership claim, which dates back to 1984[1].
Tale of the Tape: Parties Involved
Chicago-based Rush Street Gaming boasts a robust portfolio of Rivers Casinos strategically dispersed across Illinois, upstate New York, Pennsylvania, and Virginia. Simultaneously, Greenwood Gaming and Entertainment, headed by its flagship Parx Casino in Bensalem, controls Parx Casino Shippensburg in Pennsylvania[2].
Together, their expertise will infuse verve and vibrancy into the heart of Avenir, ensuring a sterling guest experience.
Final Pieces of the Plan to Fall into Place
As the partnership strengthens and the concept takes form, partners remain tight-lipped on the precise nature of Avenir's features. However, a succinct announcement detailing the eagerly anticipated definitive blueprint is expected to surface soon[1].
Stay tuned for updates on the project's progress, the proposed start date, and potential milestones as New York City's newest entertainment destination takes shape.
[1]: Link to Original Source[2]: Link to Parx Casino Website[3]: Link to Rush Street Gaming Website
- Silverstein Properties, famous for its World Trade Center leasehold, is collaborating with Rush Street Gaming and Greenwood Gaming and Entertainment to create an integrated resort casino called Avenir on Manhattan's Far West Side.
- This alliance promises to be a significant move, potentially impacting New York State's competitive casino licensing race.
- Avenir, set on a prime 2.1-acre plot west of 11th Avenue, will feature towering, interconnected 46-story buildings and a vast 600,000-square-foot gaming and entertainment complex with 1,000 luxurious rooms.
- Silverstein Properties' ownership claim, established in 1984, serves as the foundation for this ambitious project.
- Rush Street Gaming operates Rivers Casinos in Illinois, upstate New York, Pennsylvania, and Virginia, while Greenwood Gaming and Entertainment heads Parx Casino in Bensalem, with Parx Casino Shippensburg in Pennsylvania under its control.
- The combined expertise of these entities will breathe life into Avenir, ensuring an exceptional guest experience.
- As partnership solidifies and the concept advances, details about Avenir's specific features remain under wraps, with a forthcoming announcement promising a detailed blueprint.
- Keep updated on the project's development, projected start date, and potential milestones as New York City's newest entertainment destination takes shape.
- Manhattan's WTC, Rush Street, and Parx Casino are joining forces for a billion-dollar casino venture on the West Side.
- Silverstein Properties, Larry Silverstein, and Silverstein Properties' real estate interests are involved in the Avenir project.
- The Avenir casino-and-gambling complex will offer a variety of casino games, lotteries, and possibly even draw inspiration from Las Vegas' casino culture.
- The Avenir project encourages a culture of responsible gambling in New York City (NYC) and emphasizes the importance of maintaining a balance between entertainment and personal finance.
