{"id":147478,"date":"2026-02-27T16:33:07","date_gmt":"2026-02-27T16:33:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/147478\/"},"modified":"2026-02-27T16:33:07","modified_gmt":"2026-02-27T16:33:07","slug":"ballys-pays-157m-for-city-owned-land-in-the-bronx-for-casino-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/147478\/","title":{"rendered":"Bally\u2019s Pays $157M for City-Owned Land in the Bronx for Casino \u2013 Commercial Observer"},"content":{"rendered":"

Bally\u2019s<\/a> has officially bought the land where it plans to build a Bronx casino after being one of three gambling projects approved by New York State in December<\/a>.<\/p>\n

The casino operator bought the parkland that was formerly leased to President Donald Trump as a golf course for $156.6 million from the New York City government, according to a deed filed in property records<\/a> on Friday.<\/p>\n

SEE ALSO: Mamdani and Trump Raise Sunnyside Yards Housing Plan From the Grave<\/a><\/p>\n

Spokespeople for Bally\u2019s and the mayor\u2019s office did not immediately respond to requests for comment.<\/p>\n

The entertainment group is planning a 500,000-square-foot gaming facility on the Throggs Neck property, part of a larger complex expected to span 3 million square feet and include a 500-room hotel and a 2,000-person event center.<\/p>\n

It is the second time Bally\u2019s has had to pay to play for the park space in the Bronx, having bought the Trump Organization<\/a> out of its 20-year lease with the New York City Parks Department in 2023<\/a> for an unknown amount.<\/p>\n

The land being developed at 450 Hutchinson Parkway spans 16 of the 300 acres of the golf course known as Golf Links at Ferry Point, which was designed by pro golfer Jack Nicklaus.<\/p>\n

Bally\u2019s hasn\u2019t had an easy time getting approvals for the casino, having sought a zoning change to allow it to convert the parkland but receiving a vote against the measure from the New York City Council.\u00a0<\/p>\n

In July<\/a>, former Mayor Eric Adams stepped in and vetoed the decision by local lawmakers, clearing the proposal of obstacles ahead of the necessary votes from relevant committees and the gaming commission.<\/p>\n

The New York State Gaming Commission also awarded two other available downstate licenses \u2014 after years-long competition between developers \u2014 to Resorts World New York City in southeast Queens and Steve Cohen and Hard Rock\u2019s Metropolitan Park in northeast Queens.<\/p>\n

Mark Hallum can be reached at mhallum@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Bally\u2019s has officially bought the land where it plans to build a Bronx casino after being one of…\n","protected":false},"author":2,"featured_media":147479,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,3624,81,61836,9,24,1057,369,1467,63,129,131,130],"class_list":{"0":"post-147478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-the-bronx","8":"tag-bronx","9":"tag-channel","10":"tag-eric-adams","11":"tag-investments-sales-donald-trump","12":"tag-new-york","13":"tag-new-york-city","14":"tag-new-york-city-council","15":"tag-new-york-city-parks-department","16":"tag-new-york-state-gaming-commission","17":"tag-nyc","18":"tag-the-bronx","19":"tag-the-bronx-headlines","20":"tag-the-bronx-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/147478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=147478"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/147478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/147479"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=147478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=147478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=147478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}