Saks Fifth Avenue proposes casino at NYC flagship, as competition for gaming licenses in the city heats up
Saks Fifth Avenue is throwing its hat in the ring for a coveted license to open one of New York City's first casinos. A source close to Hudson's Bay Company, owner of Saks, confirmed to Insider on Saturday that the company has officially placed a bid for one of the city's three available licenses, which would allow the luxury department store to build and operate a full-scale casino.
Per the source, the plan involves converting upper floors"currently used as a swing space" to develop the casino, intended to"attract visitors and tourists from around the world seeking that luxurious, Manhattan experience." "We have invested significant time and energy over the last year in building a strategic plan to most effectively and positively enhance our Saks Fifth Avenue experience with a luxury, high-end casino," the source said.
The area is expected to include the top three floors of the store, comprising a collective 200,000 square feet, and the casino would include a separate lobby from the department store,"The Saks Fifth Avenue flagship store is a staple of one of the most iconic streets in Manhattan," the source told Insider."It is of particular importance to us that we continue to invest in the vibrancy and spirit of Fifth Avenue itself.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NYC & Company's Winter Outing offers deals for your NYC date night or staycationNYC & Company's Winter Outing offers deals on restaurants, Broadway shows, must-see attractions around the five boroughs, as well as deals on hotels.
Read more »
MTA's plan to repair Metro-North's Park Avenue Viaduct forcing some businesses to relocateThe MTA says it needs to repair Metro-North's more-than-a-century-old Park Avenue Viaduct, but some local businesses say they project will force them to temporarily relocate. elijahwestbrook has the story.
Read more »
Inside Irene Neuwirth’s Beautiful New Madison Avenue Jewel BoxIrene Neuwirth’s new shop in New York is a showcase for not just her exuberant jewelry, but also her big ambitions.
Read more »
Jordan Coleman—son of NYC Mayor Eric Adams—soon to release first rap albumNYC’s first son also had a surprising role on a Nickelodeon show.
Read more »