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Steve Cohen, known primarily for his success in finance, has significantly expanded his footprint in Queens through ownership and development of key sports and entertainment properties. He owns the New York Mets, with Citi Field as their home base, and has now announced plans for a major gambling complex in the area. Additionally, Cohen is developing a new soccer stadium, further enhancing his portfolio within the borough.
The current plans include constructing a comprehensive gambling complex slated to open around 2030. This project aims to catalyze economic growth, generate substantial revenue, and reshape the landscape of Queens. The development is projected to create a staggering 17,000 construction jobs and 6,000 permanent jobs upon completion.