Casino Coming To Woodbury In Orange County

Dated: 03/06/2014

Views: 424

Apparently there are companies out of Maryland and Pennsylvania that are interested in land situated between Route 17 and the Thruway to build a Las Vegas-style Casino with hotel, conference center and high end restaurants.

The companies from Maryland and Pennsylvania need the Village's cooperation in issuing letters stating that this proposal would be considered. The developers must submit these letters to the New York Gaming Commission's by April 1st. The Woodbury Village Board must make its decision at its March 13 meeting, 
A benefit would be that ten percent of the casino's "off the top" revenues would be split between Orange County and Woodbury, with the Village of Woodbury receiving 3.25 percent of the cut, generating enough money to significantly lower residential property taxes.  Though it sounds good in theory, how much of that money would actually filter down to the residents to assist in lowering their property taxes.
What are your thoughts?
Blog author image

Donna Podesta

I am an experienced Realtor working in the Greater Hudson Valley Region which includes both Rockland and Orange County. My goal is to make my client's real estate experience a happy one. Because succe....

Want to Advertise on this Site?

Latest Blog Posts

Humming Birds Display Personality In Valley Cottage

I have been feeding humming birds for years in my Valley Cottage backyard. They are tiny wonders of nature that never cease to amaze me.They have the ability to hover in mid-air or fly forward,

Read More

Now Is The Time To Sell Your House In Nyack

Thinking of Selling Your House? Now May be the Right TimeInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for homes

Read More

Nyack Enters The 2020 Hurricane Season

Hurricane season in the Atlantic begins on June 1 and lasts through November. Named storms this year could be:Hereis the list of 2020 Hurricane names;Arthur       

Read More

Build Your Dream Home In Upper Nyack

Great parcel of land for privacy and nature lovers to build your dream home in Upper Nyack. Very close to Hook Mountain Park with a trail along Hudson River, schools, shopping, only a few

Read More
Fair Housing Icon NY Fair Housing Notice