“I’m at the cap table, what the splits is?” Big moves in NYC — Roc Nation, JAY-Z, Caesars Palace, and SL Green are bringing a casino to Times Square, and for the first time, everyday New Yorkers can invest with as little as $500.
According to iHeartRadio, Roc Nation CEO Desiree Perez explained:
“There’s a program that we’ve partnered with where if you wanted to invest five hundred dollars into the casino deal, you’re going to be able to get into this fund… it’s something we’re providing so that the community or anyone in New York City can be part of.”
In a feature with Entrepreneur, Perez added:
“Sometimes we agree with leaders, sometimes we don’t — but at the end of the day, it’s the citizen who’s left standing. If the city is going to issue 30-year licenses worth billions, shouldn’t those companies be held accountable? Shouldn’t they be giving back to the community, offering the best possible package for New Yorkers?”
This isn’t just about a casino. The project includes a $5.4 billion investment, plus millions more dedicated to:
✨ Community safety
✨ Broadway workers
✨ Childcare & debt relief
✨ LGBTQ+ healthcare
✨ Arts preservation
⚖️ The state decides later this month. If approved, the casino could open in just 4 years.
👀 NYC — would you invest $500 to own a piece of Times Square history?
