{"id":71575,"date":"2025-12-15T22:08:09","date_gmt":"2025-12-15T22:08:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/71575\/"},"modified":"2025-12-15T22:08:09","modified_gmt":"2025-12-15T22:08:09","slug":"this-new-york-city-muni-just-got-approved-for-4-billion-addition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/71575\/","title":{"rendered":"This New York City muni just got approved for $4 billion addition"},"content":{"rendered":"<p class=\"first\">Golf and gambling have never been high on New York City\u2019s long list of attractions.<\/p>\n<p>Now those two pursuits are destined to draw visitors to the same Big Apple property.<\/p>\n<p>On Monday, the New York Gaming Commission <a href=\"https:\/\/www.sfgate.com\/entertainment\/article\/casino-plans-for-mets-ballpark-and-golf-course-21244099.php\" rel=\"nofollow noopener\" target=\"_blank\">awarded<\/a> a gaming license to Bally\u2019s to build a casino-hotel in <a href=\"https:\/\/golf.com\/course\/trump-golf-links-ferry-point-top-100-courses-you-can-play\/\" rel=\"nofollow noopener\" target=\"_blank\">Ferry Point Park<\/a> in the Bronx, a city-owned site that is home to a <a href=\"https:\/\/golf.com\/instruction\/putting\/jack-nicklaus-secrets-sink-more-putts-timeless-tips\/\" rel=\"nofollow noopener\" target=\"_blank\">Jack Nicklaus<\/a>-designed links-style course formerly operated by President Donald Trump\u2019s company. (The commission also approved two other casino-project proposals, both in Queens: Metropolitan Park next to Citi Field and further development of Resorts World in South Ozone Park.)<\/p>\n<p>The Bally\u2019s development will be of particular interest to golfers given the now-approved $4 billion gaming and hospitality complex will loom over the southern end of the course. Plans call for a casino, 23-story hotel with 500 rooms, convention and event center, and retail space.<\/p>\n<p>\u201cAt the junction of the structure\u2019s three wings is a curvilinear sky bridge topped with an expansive landscaped terrace, and additional green roofs are shown covering the rest of the stepped setbacks,\u201d New York YIMBY <a href=\"https:\/\/newyorkyimby.com\/2025\/07\/casino-plan-submitted-for-4-billion-ballys-bronx-complex-in-throggs-neck-the-bronx.html\" rel=\"nofollow noopener\" target=\"_blank\">reported in July<\/a>. \u201cWinding walkways and a redesigned vehicular entrance on the northern end of the property are also visible.\u201d<\/p>\n<p>Ferry Point, which sits in the shadows of the Whitestone Bridge, is known for its New York City skyline views and rolling, fescue-lined fairways that you\u2019d sooner expect to find in Bandon than the Bronx. In 2022, the property <a href=\"https:\/\/golf.com\/news\/lpga-pros-bronx-backdrop-bridges-questions\/?srsltid=AfmBOorwlirWGGPs5y8yZK3_eKZRot7f8F0bbjl4Ycmcgteg15dDNErb\" rel=\"nofollow noopener\" target=\"_blank\">was the site<\/a> of the Aramco Team Series, a Saudi-funded Ladies European Tour event, which was won by Lexi Thompson.   <\/p>\n<p>The course was first green-lighted in 2000 by then-Mayor Rudolph Giuliani, with the goal of opening in 2003. But environmental setbacks and a ballooning budget hampered development. After years of mismanagement, the city, in 2012, awarded a 20-year operating license to the Trump Organization. The course opened three years later.<\/p>\n<p>In 2021, in the wake of the Jan. 6 insurrection, Trump\u2019s connection to Ferry Point became a flash point for many New Yorkers, leading then-Mayor Bill DeBlasio to terminate the Trump Organization\u2019s contract \u2014\u00a0a decision a judge overruled, returning the contract to Trump. In September 2023, Bally\u2019s paid the Trump Organization $60 million to take over the license to the site, a deal that extends through 2035.\u00a0By January 2024, the property had been renamed the Bally\u2019s Golf Links at Ferry Point. <\/p>\n<p>\u201cThis is another step in making the Bronx become a global destination,\u201d Deputy Borough President Janet Peguero said at the time.<\/p>\n<p>The casino-license approval unlocks another payout for the Trump Organization. <a href=\"https:\/\/www.nytimes.com\/2025\/04\/01\/nyregion\/trump-casino-ballys-bronx.html\" rel=\"nofollow noopener\" target=\"_blank\">According the New York Times<\/a>, the original purchase agreement between Bally\u2019s and the Trump Organization stated that if a gaming license were to be approved after the sale date, Bally\u2019s would have to pay Trump\u2019s company an additional $115 million.<\/p>\n<p>\u201cWhen they first proposed [the agreement], I was like, \u2018What the hell?\u2019\u201d Bally\u2019s chairman Soo Kim <a href=\"https:\/\/www.nytimes.com\/2025\/04\/01\/nyregion\/trump-casino-ballys-bronx.html\" rel=\"nofollow noopener\" target=\"_blank\">told<\/a> the Times. \u201cThey\u2019re already getting a lot of money for a golf course. What do they think it\u2019s worth? But they know what it\u2019s worth to me and to us and to the Bronx.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Golf and gambling have never been high on New York City\u2019s long list of attractions. Now those two&hellip;\n","protected":false},"author":2,"featured_media":71576,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[128,9,24,63,129,131,130],"class_list":["post-71575","post","type-post","status-publish","format-standard","has-post-thumbnail","category-the-bronx","tag-bronx","tag-new-york","tag-new-york-city","tag-nyc","tag-the-bronx","tag-the-bronx-headlines","tag-the-bronx-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/71575","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=71575"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/71575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/71576"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=71575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=71575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=71575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}