Roc Nation CEO Desiree Perez Responds to Times Square Casino Rejection, Jay-Z's Vision Halted
The Bet That Didn't Pay Off: Roc Nation's Times Square Casino Proposal Denied, CEO Desiree Perez Reacts In a high-stakes decision that has sent shockwaves through New York City's real estate, entertainment, and political circles, a major casino proposal for Times Square has been denied. The ambitious project, a multi-billion dollar collaboration between Jay-Z’s Roc Nation, Caesars Entertainment, and SL Green Realty Corporation, was officially rejected by a New York City Community Advisory Committee in a decisive 4-2 vote. This denial effectively halts a long-fought campaign and has prompted a fiery response from Roc Nation CEO Desiree Perez, who voiced her strong disappointment with the outcome. The Proposal: A Vision to Transform Times Square The core of the proposal was a plan to transform the office tower at 1515 Broadway into a sprawling "Caesars-branded hotel, gambling, and entertainment complex." Backed by the star power of Jay-Z and ...