NYC mayor Eric Adams throws Lifeline to Bronx Casino with a surprising veto, here’s how he did it | Today news

New York Mayor Eric Adams, the city council’s rejection of Bally’s proposed casino at Ferry Point Park Wednesday veto and revived the controversial $ 4 billion project. Adams argued that the council’s earlier voting of 29-9 has unfairly blocked the Bronx to compete for economic opportunities given to other districts. His veto returns the decision to the council, which now needs 34 votes to ignore him and kill the project permanently. Adams emphasized that it was not an approval of Bally’s, but about fairness: ‘This leads to New Yorkers losing confidence in their chosen leaders’. Jobs for the community concern the veto which pays the promise of 15,000 construction work and 4000 permanent trade union positions annually, which pays $ 96,200 annually, plus $ 625 million to community benefits, including school financing and park upgrades. Local councilor Kristy Marmorato is opposed to the project and calls it ‘political favors and special interests’ that will aggravate traffic in Throggs Neck. Community Council 10 rejected it 29-5 in March, citing insufficient public transport and the history of the site as a methane-leaking landfill. Trump’s $ 115m stake a major controversy involves the financial interest of President Donald Trump. His company sold the Ferry Point Golf lease in 2023 to Bally’s for $ 60 million, but would receive $ 115 million more if the casino is licensed. Critics accuse Adams, who are on the way in re -election polls, of Trump’s favor for a possible federal role. The City Council has until August 15 to try to exceed a veto. Speaker Adrienne Adams can slow down the mood as the summer recess can secure 34 votes. If the dominance fails, Bally’s progress is advancing to one of the three casino licenses in the Downstate owed by December 1st. Key Hurdles remain: State environmental assessments, the approval of the zoning and an advisory committee for community advice. With competitive bids like Steve Cohen’s Queens Casino already cleaning land use barriers, the Bronx is facing an uphill race.

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