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  #1  
Old Posted Jul 9, 2014, 2:33 PM
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JERSEY CITY | Liberty Rising | 1000+ FT | 95 FLOORS

http://www.nj.com/politics/index.ssf...rsey_city.html

Quote:
A venture capitalist from Massachusetts has been quietly meeting with leading New Jersey politicians in recent months, pushing a proposal for a casino and hotel rising 95 floors above New York Harbor.

The $4.6 billion project would also feature residences, a 107,500-seat motor sports stadium and what is billed as the largest Ferris wheel in the world.

But there’s one catch — it would not be in Atlantic City, the only city where New Jersey has allowed gambling since its legalization almost 40 years ago. Rather, it would rise in Jersey City, with sweeping views of Manhattan and sit almost eyeball to eyeball with the new 104-story World Trade Center just across the harbor.

"I’m excited about the potential for a world-class facility that includes a casino, hotel and convention center as well as the largest ferris wheel in the world all located next to the best park in New Jersey," Mayor Steve Fulop said. "I still need more information regarding the racetrack to be confident it will not harm Liberty State Park. This development would create 25,000 jobs and over $5 billion of investment, which would be one of the largest construction projects in the United States."

Even a former mayor of Atlantic City, state Sen. Jim Whelan (D-Atlantic), accepted the inevitability of the project, or one like it...

Fireman has met with several lawmakers about his proposal, according to two who provided details to The Star-Ledger. But Fireman himself did not return calls and emails seeking comment.

"It’s huge," said state Sen. Raymond Lesniak (D-Union), who has met with Fireman. "It has the wow factor ... It will blow away Macau as a destination place for gaming."

According to the lawmakers, the casino would be situated near the waterfront, next to the Liberty National Golf Course, which Fireman built in 2006.
Disclaimer: I am personally highly skeptical about this development but that's mighty positive words from Mayor Fulop.
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Old Posted Jul 9, 2014, 2:58 PM
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A supertall near the Liberty National complex? That would be impressive.

We know Governor Christie has agreed to explore the extension of gambling into North Jersey, so casinos are coming. Remains to be seen where and when, but that would certainly be a logical location.
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Old Posted Jul 9, 2014, 3:02 PM
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How many ferris wheels can NY harbor support?
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  #4  
Old Posted Jul 9, 2014, 5:29 PM
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Good luck finding lenders for a $5 billion casino.
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  #5  
Old Posted Jul 9, 2014, 5:37 PM
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Quote:
A venture capitalist from Massachusetts has been quietly meeting with leading New Jersey politicians in recent months, pushing a proposal for a casino and hotel rising 95 floors above New York Harbor.

The $4.6 billion project would also feature residences, a 107,500-seat motor sports stadium and what is billed as the largest Ferris wheel in the world.

They aren't going to allow casino gambling in northern New Jersey, so that part needs to fall off. And I doubt another huge ferris wheel will make the cut, especially with the one planned at the American Dream in the meadowlands. It's not going to happen with either of those. A residential/hotel perhaps. But my guess is this guy really wants that casino.
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Old Posted Jul 9, 2014, 7:10 PM
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Originally Posted by NYguy View Post
They aren't going to allow casino gambling in northern New Jersey, so that part needs to fall off. And I doubt another huge ferris wheel will make the cut, especially with the one planned at the American Dream in the meadowlands. It's not going to happen with either of those. A residential/hotel perhaps. But my guess is this guy really wants that casino.
Why not? Atlantic City is hemorriding a slow, pathetic death. The State is bankrupt and in need of new revenue. Online gambling has been a complete and utter failure. Our politicians are corrupt and can be bought for the right price. A $5 billion investment in the state would result in a lot of union jobs. Lastly, it has Mayor Fulop's preliminary support.

I'm not saying a casino will happen but it's not outside the realm of possibilities as it once was.
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Old Posted Jul 9, 2014, 7:13 PM
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I would like to see the gambling industry move from AC to Jersey City or somewhere around the Jersey Gold Coast. AC is a ghetto hellhole. Anybody who's ever been there will tell you that. Go outside of the boardwalk, and it gets nasty pretty badly.
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Old Posted Jul 9, 2014, 7:17 PM
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^ Seconded. I was once in AC - never again. It was late in the evening, and I nearly got mugged. Move the casinos to Jersey City!!
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  #9  
Old Posted Jul 9, 2014, 7:19 PM
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delete

Last edited by aquablue; Jul 10, 2014 at 4:46 AM. Reason: worthless stuid post
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  #10  
Old Posted Jul 9, 2014, 7:30 PM
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Originally Posted by NYguy View Post
They aren't going to allow casino gambling in northern New Jersey, so that part needs to fall off.
Gambling is most definitely happening. Christie has already agreed to ending the AC-only rule. He extended it for a few more years when he agreed to subsidized the Revel casino, but the rule expires by 2016.
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Old Posted Jul 9, 2014, 7:39 PM
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I think a voter referendum will happen. This looks like something that that New Jerseyans would have to vote on? Although this would be great for NJ, and the New York area in general. More tourism, more revenue, more jobs, etc. The benefits are great.

Another Ferris wheel would be interesting as well. We already have the tallest in the world going up in SI, now another one claiming it will be the tallest. It would be cool though instead of a ferris wheel, they built something like the Tokyo Skytree. Mabye not as tall, but an observation tower the likes of the Stratosphere tower for example.
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Old Posted Jul 9, 2014, 7:46 PM
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Wheels are so over to be honest. NYC doesn't need 2 wheels. Nobody cares anymore, they are not a big deal. Stop building more and more wheels, it's ridiculous. These are obviously people who just want to jump on the bandwagon rather than innovating and creating something better.
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Old Posted Jul 9, 2014, 7:50 PM
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^^

At least an observation deck would be nice.
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Old Posted Jul 9, 2014, 10:37 PM
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Sounds exciting I look forward to seeing renders.
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  #15  
Old Posted Jul 9, 2014, 11:41 PM
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Quote:
Originally Posted by CIA View Post
Why not? Atlantic City is hemorriding a slow, pathetic death.
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Originally Posted by Crawford View Post
Gambling is most definitely happening. Christie has already agreed to ending the AC-only rule.

It's not going to happen for a variety of reasons, but assuming that it did, there are other municipalities where it would happen, not Jersey City, and certainly not anywhere near Liberty State Park. It's a pipe dream that's throwing in a major race track along with another giant ferris wheel.


http://www.nj.com/politics/index.ssf...rsey_city.html

Quote:
"I’m excited about the potential for a world-class facility that includes a casino, hotel and convention center as well as the largest ferris wheel in the world all located next to the best park in New Jersey," Mayor Steve Fulop said. "I still need more information regarding the racetrack to be confident it will not harm Liberty State Park. This development would create 25,000 jobs and over $5 billion of investment, which would be one of the largest construction projects in the United States."

What else is he gonna say?


Quote:
Sweeney said last week he was willing to consider putting forth a constitutional amendment for voters to approve to allow gambling elsewhere in the state 2015 — as long as it included a way to help Atlantic City.

For his part, Christie said last week he was "happy to have that conversation" with Sweeney.

While Sweeney declined to comment specifically on the Jersey City proposal, he did say that "if we’re going to look at opening (gambling) up, it could be in Jersey City or somewhere else up north where a casino could be beneficial."
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Old Posted Jul 10, 2014, 12:15 AM
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If Jersey City gets a supertall, it will really radically redefine the core metro area skyline.

Can you imagine the impact if you have supertalls lining both sides of the Hudson (with possibilities on both sides of the East River too)? It will really be a NY Harbor skyline.
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  #17  
Old Posted Jul 10, 2014, 12:30 AM
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Quote:
Originally Posted by Crawford View Post
If Jersey City gets a supertall, it will really radically redefine the core metro area skyline.

Can you imagine the impact if you have supertalls lining both sides of the Hudson (with possibilities on both sides of the East River too)? It will really be a NY Harbor skyline.
Slowly the area is becoming like Hong Kong.
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  #18  
Old Posted Jul 10, 2014, 12:30 AM
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Quote:
Originally Posted by Crawford View Post
If Jersey City gets a supertall, it will really radically redefine the core metro area skyline.

Can you imagine the impact if you have supertalls lining both sides of the Hudson (with possibilities on both sides of the East River too)? It will really be a NY Harbor skyline.
That it will do.

But consider the ridiculousness of the proposal: The 1,000 ft tower, together with a 107,500-seat motor sports stadium, world's tallest ferris wheel, plus gambling. Neither of those things needs gambling to get built. This guy wants the casino, and he's dangling those other things like a carrot hoping the politicians will take the bait. A hotel/apartment tower in an appropriate JC location would stand a much better chance.
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Old Posted Jul 10, 2014, 12:05 PM
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http://www.nytimes.com/2014/07/10/ny...city.html?_r=0

Reebok Founder Proposes 95-Story Tower With Casino for Jersey City


By CHARLES V BAGLI
JULY 9, 2014


Quote:
Real estate brokers have long described New Jersey’s gold coast, stretching from Jersey City to Weehawken, as the sixth borough of New York City, where apartments offer the best views of the Empire State Building.

But now Paul Fireman, the billionaire who built one of the world’s most expensive golf courses in Jersey City on top of a toxic dump, is challenging the notion that the gold coast should play second fiddle to New York.

Mr. Fireman, the founder and former chairman of Reebok International, is proposing a $4.6 billion project, including a 95-story skyscraper, adjoining his 160-acre golf course on the Hudson River, at the south end of Jersey City.

Mr. Fireman appears to have thrown a greatest hits of unbuilt projects into a blender — Donald J. Trump’s plan for a Nascar racetrack on Staten Island, a giant Ferris wheel in the New Jersey Meadowlands — with one of the super towers from Manhattan’s emerging Billionaire’s Row and a dollop of gambling to spice it up.

Known as Liberty Rising, the tower would include a casino, a hotel and apartments, along with expensive shops and an entertainment complex. There are also plans for what would be the world’s largest Ferris wheel and a 107,500-seat stadium for motor sports. The proposed complex was first reported on Wednesday by The Star-Ledger of Newark.

The tower would presumably be as tall or taller than 1 World Trade Center, now the tallest skyscraper in the Western Hemisphere. It would loom over the Statue of Liberty and offer panoramic views of the harbor, Lower Manhattan and New Jersey.

“You’ve got to think big,” said Mayor Steven Fulop of Jersey City, adding that he had been discussing the project with Mr. Fireman for eight months. “The opportunity to have a world-class facility on the waterfront is significant from a job-creation standpoint, for tax relief and for tourism. Paul Fireman is capable of executing something like this.”

Mr. Fireman spent $250 million cleaning up the Jersey City dump site and building the Liberty National Golf Course while still running Reebok. The course opened in 2006. It had an initiation fee of $500,000 and attracted players that included Wall Street titans, who could reach the course by ferry from Lower Manhattan, and Giants quarterback Eli Manning.

Mr. Fireman, who did not return calls seeking comment about his new project, has been meeting with elected officials across the state.

One reason for his lobbying is that a casino outside Atlantic City would require an amendment to the State Constitution and a referendum. Until now, Gov. Chris Christie has resisted calls for casinos in North Jersey, preferring to focus on reviving Atlantic City, where gambling revenues have been in a tailspin since 2006.

But the prospect that gamblers from the state’s prosperous northern communities would go to Las Vegas-style casinos being planned in New York State has New Jersey legislators suddenly rethinking their strategy.

With 12 million adults within an hour of the Fireman site, Mr. Fulop said projections indicated “it would be the highest-grossing casino in the United States — we’re targeting the New York market.”

Mayor Fulop brushed aside fears that a casino-resort in Jersey City would undermine the 11 casinos in Atlantic City.

But not everyone is convinced that the site, a somewhat isolated area south of Liberty State Park and the Liberty Science Center, is an ideal location for ultra-expensive apartments or a luxury hotel.

“Not to criticize Jersey City, but it’s tough to create a luxury residential product outside of a hub like Manhattan,” said Jonathan J. Miller, president of Miller Samuel, an appraisal firm in Manhattan. “The trophy market isn’t simply about building something big and sticking it somewhere.

“I don’t understand this location, even if the views are spectacular. It’s aligned with things that don’t go together with high-end apartments, like motor cross.”


Mr. Fulop is not so sure about motor cross either, because of the potential increased traffic through Liberty State Park.

But with a 95-story tower, a megacasino and a proposed stadium that seats nearly 25,000 more people than MetLife Stadium, the project is drowning in superlatives. Mr. Fulop said the $4.6 billion complex would be “one of the biggest construction projects in the U.S.”

Well, it would be about as big as the Atlantic Yards development in Brooklyn, but a fraction of the size of the $20 billion Hudson Yards project underway on the Far West Side of Manhattan.

“We’re talking about a transformational project,” said Bill Pascrell III, a lobbyist for Mr. Fireman’s project. “It will accentuate the true value of the gold coast and take advantage of a tremendous city, and maybe give something for New Yorkers to look at, instead of us looking at the magical city of New York.”
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  #20  
Old Posted Jul 10, 2014, 12:09 PM
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"taller than 1 World Trade Center" . Hmmmmm ... well good morning everybody , thats a breath of fresh air.

Good thing the major seems to like the idea. This would really put Jersey City on the global stage when it comes to skyscrapers.
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