Name: NYC has gambling all wrong, says Bally's chairman
Uploaded: 2026-05-14T17:37:15Z
Description: Bally’s chairman Soo Kim argued gambling’s risks don’t disappear with prohibition — they just move underground.

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Bally’s chairman Soo Kim argued gambling’s risks don’t disappear with prohibition — they just move underground.

NYC has gambling all wrong, says Bally's chairman

NYC's Housing and Preservation Department Commissioner Dina Levy came to The Real Deal's NYC Forum 2026 with a direct message from the Mamdani administration to landlords and developers: the city wants partnership.

HPD Commissioner Dina Levy to real estate: “We are not enemies” | The Real Deal's NYC Forum 2026

Private credit is reshaping real estate, but where does the money go next? Two of real estate's biggest lenders sounded off at The Real Deal's NYC Forum 2026.

Josh Zegen, Adi Chugh talk private credit and writing big checks | The Real Deal's NYC Forum 2026

Bally's Chairman Soo Kim came to The Real Deal's NYC Forum 2026 with a "simple answer" to the social costs of gaming: "Legalize it and tax the shit out of it."

“Legalize it and tax the [bleep] out of it”: Bally’s Soo Kim on gaming | NYC Forum 2026

Leaders from CBRE, Newmark and Vornado are "all in" on NYC's office market.

The future of 350 Park and going "all in" on the office market | The Real Deal's NYC Forum 2026

Why are luxury buyers leaving Manhattan for Brooklyn and Queens?

Why luxury development is on the rise in NYC's outer boroughs | NYC Forum 2026

What’s really driving America’s housing crisis?

Richard LeFrak on Zohran Mamdani, NYC housing & why developers are “villains” | Coffee Talk

"That's what you call a wig snatch." New York real estate's most powerful CEOs just turned The Real Deal's NYC Forum into a live-fire debate over Compass, private listings and who really controls NYC's market.

Pam Liebman BETS $1M Corcoran won’t become Compass in brokerage showdown

Pam Liebman challenged Bess Freedman to a $1 million bet over the future of residential brokerages.

Corcoran's Pam Liebman and Brown Harris Stevens' Bess Freedman feud on transparency | NYC Forum 2026

At the second panel in The Real Deal’s NYC Forum, one of the mayor’s top housing officials acknowledged that the current Rent Guidelines Board process is flawed. 

Leila Bozorg and Kirk Goodrich on the RGB's blunt tool and YIMBY opportunities | NYC Forum 2026

Related Companies Chief Executive Officer Jeff Blau is steadfast on New York City. 

Related's Jeff Blau talks Hudson Yards Phase II, 485x, and more | The Real Deal's NYC Forum 2026

Protesters interrupted Related CEO Jeff Blau three times during his appearance at #TRDForum, turning a discussion about Hudson Yards’ next phase into a flashpoint over public subsidies, private development and New York politics.

Protesters interrupt Related CEO Jeff Blau over $2B Hudson Yards subsidy

On this week’s episode of Deconstruct, hosts Hannah Kramer and Lilah Burke dive into the increasingly political world of New York City real estate.

Why NYC real estate is suddenly all about politics | Deconstruct Season 5 Episode 12

A Frank Lloyd Wright house may be one of the most prestigious homes you can own — but preserving one can cost millions.

Why Frank Lloyd Wright houses are becoming money pits

A Texas bullet train project that's been stuck in limbo for years just took a major step forward: demolition crews are tearing down Houston's Northwest Mall to make way for a proposed high-speed rail terminal.

Is Texas' bullet train back from the dead?

"The next big deal is probably in this room." We asked the crowd at our NYC #TRDForum why they came — and almost everyone said the same thing: opportunity.

Inside NYC real estate's can't-miss event

"The biggest misconception about real estate is…" We asked some of the biggest names in the business to finish that sentence at our NYC #TRDForum — and they had plenty to say.

What people get wrong about real estate, according to these pros

Listen as Vornado chairman Steve Roth calls out Mayor Mamdani and NYC leadership, argues for a pro-business approach and warns that higher taxes could hurt the city’s future.

“Stop showboating” — NYC developer's message to Mamdani

Steve Roth opens Vornado's latest earnings call defending billionaire hedge funder Ken Griffin, blasting Mamdani's "tax the rich" rhetoric and warning politicians about targeting wealth — all while a $1.9 million-square-foot NYC office project hangs in the balance.

Vornado's Steve Roth goes OFF on “tax the rich” — earnings call turns fiery

Vornado chairman Steve Roth opens an earnings call with an unexpected topic: NYC Mayor Zohran Mamdani’s viral video targeting billionaire Ken Griffin.