LIBERTY, NY-Foxwoods Resort Casino and Muss Development, which plan to build a resort casino on part of the former Grossinger’s property here, have reached a cooperative share and lease agreement with Sullivan Resorts LLC on the two adjacent parcels owned by Muss and Sullivan Resorts. The agreement would allow Foxwoods and Muss to develop a resort that would share an entrance with Sullivan Resorts’ development of homes, entertainment and hotel rooms on the original Grossinger’s property, which would not have a casino.
“Working together with Foxwoods Catskills LLC, we have come to an agreement that will allow us to develop the two parcels of this magnificent 1,200 acre site in a complementary way, and not in competition with one another,” says Louis R. Cappelli, managing principal of Sullivan Resorts. He adds that the agreement will mean “a better experience for future homeowners and resort casino visitors, and it will enable us to maximize economic benefits for Liberty, and to create thousands of jobs for residents of Sullivan and Delaware Counties.”
Foxwoods’ CEO, Scott Butera, says the agreement means that “not only will we have the resort situated to take advantage of the most scenic views, we’ll also have the best possible access to the site and full use of the Big G golf course and Grossinger’s Lake, which our visitors will enjoy. This fully integrated resort experience will better position us to compete for a casino license in Sullivan County” under legislation authorizing non-tribal casino gaming upstate.
Included in the agreement is a long-term lease for additional property and the golf course by Foxwoods and Muss that will allow users of both projects to share continued use of the golf course and lake. Although viewed as complementary, neither project is contingent on the other. Once among the best-known of the Catskills resorts, Grossinger’s closed in 1986.
Foxwoods and Muss Development were represented in this transaction by Carl Schwartz and Jason Zeigler of Hunton and Williams LLP. Sullivan Resorts was represented by Al Donnellan and Heidi Winslow of DelBello Donnellan Weingartern Winslow LLP.