Authorizes the city of New York to discontinue parkland and alienate land in Ferry Point Park for Bally's gaming facility development.
The bill authorizes the city of New York to discontinue the use of certain parkland and alienate specific land within Ferry Point Park in the Bronx to Bally's New York Operating Company, LLC. This includes selling land for a gaming facility and related uses, transferring other land for public roadways, and conveying an easement for access road improvements. The city must dedicate funds for new parklands or improvements. The changes are contingent on Bally's obtaining a gaming facility license and federal approval for the parkland conversion.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.