Also on Thursday, the Port Authority Board of Commissioners elected Kevin O'Toole as chairman of the Port Authority Board and approved Rick Cotton, a former top executive at NBC Universal, who most recently served as Gov. Cuomo's special counsel for interagency initiatives, as the agency's new executive director.

A JV between two New York family offices acquired a 1960s garden-style apartment complex in Maryland for $90 million.

According to ESD's RFP, “Development of each site must be complementary to horse racing and pari-mutuel wagering. Respondents are encouraged to include proposals for the development of entertainment, sports, recreation, hospitality and retail uses.”