The Real Deal New York

Developers ready to build $750M Catskills casino

Construction could begin in 30 days if they receive a state license
March 15, 2014 12:00PM

 EPR Properties and Empire Resorts are ready to build a $750 million, 1,110-room casino resort on the site of the old Concord Hotel in the Catskills — that is, if they receive permission from the state.

The developers said that they could begin building within 30 days if they receive one of four casino licenses being granted this year upstate, according to the New York Post. “Our proposed casino and four-star hotel is already designed, and we can begin to build without delay, should we receive a destination-resort license,” said Emanuel Pearlman, Empire Resorts’ chairman of the board. In November, voters passed on a constitutional amendment allowing casinos to operate outside of Indian-owned land. [NYP]Christopher Cameron