Genting Americas and Resorts World Catskills, through Monticello Raceway Management Inc. (MRM), announced to Newburgh City Council last night that its plan to set up a video game facility in Newburgh Mall will create 215 full-time jobs and raise the city of $ 3 million would annually.
The cost of the project is estimated at $ 32 million and would create 200 construction jobs. According to Resorts World, the average annual wage for full-time employees would be $ 72,000 per year, including salary and benefits.
The proposed facility would be rented from the owner of the mall. Resorts World proposed contributing $ 3 million annually to the city through a Host Community Benefit Agreement and an estimated $ 65 million annually to support public schools through payments to the New York Lottery Education Fund.
Resorts World Catskills is operated by the parent company Empire Resorts, which in turn is a subsidiary of the Genting Group based in Malaysia. Leisure and hospitality are just part of the Genting Group’s activities, which include energy, real estate development, life sciences and biotechnology. Genting Americas operates Resorts World Catskills and Resorts World New York City.
Empire Resorts wholly owned subsidiary, Monticello Raceway Management Inc., owns and operates the Monticello Casino and Raceway in Sullivan County. It is located on 230 acres of land that includes a games and entertainment complex with 1,110 video machines in a 45,000 square foot play area with a separate area for high-stakes machines.
Attorney Kelly M. Naughton of the Burke, Miele, Golden & Naughton LLP law firm in Goshen petitioned to change the local zone code to revise the definition of a mall and allow for video lottery game facilities. She also sent a proposed notice that the city administration would declare itself as the lead agency for an environmental review.
The play facility would take over the space of the former department store.
Approval of the site plan would also be required from the city in order to convert the Bon Ton department store, which consists of approximately 90,000 square meters of rental space at the northern end of the shopping center, into an entertainment system with up to 1,400 video lottery terminals. The entire Newburgh Mall building has approximately 390,000 square meters of rental space and the property has approximately 1,700 parking spaces.
A traffic study by Laser Consulting of Valhalla presented data showing that traffic rush hours at Resorts World Queens facility were generally between 8 p.m. and 10 p.m. on Fridays and Saturdays and that similar rush hours were expected for the Newburgh facility . With Newburgh Mall closing at 8:00 p.m., traffic generation for the rest of the mall would be minimal during the expected peak hours for the proposed gaming facility.
In a press release, Resorts World quoted Newburgh Town Supervisor Gil Piaquadio as saying, “We look forward to working with Resorts World to create a new destination in Newburgh that benefits both local residents and small businesses.”
Todd Diorio, president of the Hudson Valley Building & Construction Trades Council, said, “We are focused on getting our members back to work after the pandemic has crippled our economy, and this project does just that. Genting has always been a great partner for the union industry and we look forward to building that relationship further as we build Resort World Hudson Valley. “
State Senator James Skoufis of the 39th Senate District, which includes Newburgh, was quoted as saying, “When Resorts World first approached me nearly two years ago to seek support for a proposal to bring a gaming center to Orange County , I’ve clarified my priorities for you: jobs; to revive a plague; and benefits to the local community. This project does all three. “
Steven Neuhaus, Orange County Executive, also expressed support for the project. “The proposed plans for Resorts World Hudson Valley meet Genting’s commitment to Orange County. It’s an investment in jobs, growth and the future of Orange County, and it will have an immediate and positive impact when we need it most, “said Neuhaus.