5 billion Caesars Palace Times Square proposal at 1515 Broadway

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The property will also feature a tiny homes village called “Tiny Town,” the return of the Chip’s legendary summer oasis “Bikini Beach,” and a replica of the “over-the-top” Big Engine Bar. A rezoning could grant the company the ability to develop the site even if no casino license is awarded. However, Thor simply doesn’t see any way to truly revitalize Coney Island from an economic standpoint without a gaming facility attracting visitors to the beach during the slow winter months.

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