“These include a housing crisis, public safety challenges, budget shortfalls, and a commercial real estate market in transition. Silverstein, Chairman of Silverstein Properties. “Our City and State face a confluence of historic challenges right now,” said Larry A. The company is now poised to assist in the City and the State’s economic recovery through a project that will create 4,000 well-paid union construction jobs and 5,500 permanent union jobs, generate billions of dollars in direct and indirect economic activity for the State and the City as well as funding for the MTA, and provide more than 100 affordable apartments amid a worsening housing crisis. Led by Founder and Chairman Larry Silverstein, Silverstein Properties is widely known for its civic leadership following the terrorist attacks of September 11, 2001, when the company worked with dozens of elected officials and public agencies to rebuild the World Trade Center site and revitalize Lower Manhattan.

The project site is fully owned and controlled by Silverstein, is shovel ready upon approval, and free of complex logistical infrastructure hurdles, such as a heavily congested immediate area, the need for residential or commercial displacement, or the construction of a large support deck. The Avenir will comprise two 46-story towers connected by a public sky bridge and include 1,000 luxury hotel rooms an eight-story, 600,000 square foot gaming, entertainment, and restaurant complex at its base more than 100 units of 100 percent, permanently affordable housing and a 1,000-seat performance hall on its top floor. Javits Convention Center, New York City’s premiere convention destination, which hosts more than 150 major events and 2.5 million visitors each year.

The 1.8 million square foot project will be located on 92,000 square feet of undeveloped land at 41st Street and 11th Avenue, just north of the Jacob K.

Silverstein Properties, a national real estate investment, development, and management firm, today announced plans to develop the Avenir, a hotel, casino, entertainment, and residential complex on vacant land on Manhattan’s far West Side.

Is parx casino open on thanksgiving