A $3 billion casino and entertainment complex proposed for Coney Island is stirring intense debate in New York City, drawing sharp lines between economic optimism and deep-rooted community concerns. Known as “The Coney,” the project is backed by Thor Equities, Legends Hospitality, Saratoga Casino Holdings, and the Chickasaw Nation. It promises a 500-room hotel, 90,000 square feet of convention space, luxury retail and dining, and a 2,500-seat concert venue.

Supporters claim the casino could generate over 8,000 jobs—4,500 in construction and 4,000 in permanent hospitality and gaming roles—revitalizing Brooklyn’s year-round economy. Political figures like State Senator Diane Savino have expressed cautious optimism, highlighting the need for job creation in underserved areas. Brooklyn Chamber of Commerce also backs the plan.
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However, strong opposition remains. During a March 20 planning panel hearing, Brooklyn’s Community Board 13 voted 24-11 against the project, citing fears over crime, traffic, and the loss of Coney Island’s cultural identity. Residents like Marissa Solomon warned the development could increase pollution and gentrification.
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As of March 24, 2025, “The Coney” remains one of 11 proposals competing for three coveted downstate casino licenses. Final decisions will depend on City Council votes and state approvals.


