#Oak Street Real Estate Capital

Thor Equities, a real estate development, leasing, and management firm, has made a 3 billion dollar bid to build a new casino and entertainment venue at Coney Island, Brooklyn, with the backing of its partners Saratoga Casino Holdings, Legends and Chickasaw Nation. The race for a New York license: In 2013, New York authorities accepted casinos for…

This was an act of self-interest. But that wasn't the language Weidner used. Instead, he argued that any such casino would run contrary to the intent of the Illinois legislature, which had justified its approval of gambling in Illinois by arguing that these new riverboats would revive the downtowns of communities that were demonstrably struggling…

Commercial real estate firm Thor Equities is the latest major developer to throw its hat in the ring for a casino license. The New York-based firm announced last week it has partnered with Saratoga Casino Holdings, Legends, and the Chickasaw Nation in a bid to develop a new casino and entertainment venue within Brooklyn's famed Coney Island. The $3…

Back in 1992, William Weidner, then president of Hollywood Casino of Aurora Inc., set out to Springfield to kill then-Mayor Richard M. Daley's plans for a $2 billion "mega-casino" in downtown Chicago. Weidner and other members of what was known as the "riverboat alliance" were worried that any such facility in Chicago would suck away business from…