Caesars Palace Times Square Launches Inclusive Ownership Partnership
Caesars Palace Times Square is taking a forward-thinking step toward economic inclusivity by partnering with prominent leaders Reverend Al Sharpton and Ryan Williams, founder of Cadre. Caesars Palace Ownership
The collaboration aims to establish an ownership model that invites participation from everyday New Yorkers, with investment opportunities starting as low as $500. This initiative represents a significant shift in how large-scale developments can engage and benefit local communities, emphasizing accessibility and shared prosperity.
Williams expressed his enthusiasm for the project, noting that it “overcomes longstanding barriers” and highlighting the importance of leveraging Reverend Sharpton’s extensive network and shared dedication to economic inclusion. He emphasized that this effort would transform promises into tangible progress by providing meaningful investor education and real equity investment opportunities for residents who have historically been excluded from such benefits. Reflecting on his previous work, Williams shared that he had introduced a model over a decade ago to broaden real estate investment access, and now, that vision is being applied to one of the most ambitious developments of their generation. The goal is to open new doors for financial opportunity for a wider range of New Yorkers than ever before.
This partnership also reinforces Caesars Entertainment’s broader commitment to supporting community well-being and economic empowerment. The collaboration builds upon the initial proposal for a Times Square property, which was developed in conjunction with SL Green Realty Corporation and Roc Nation. As part of its efforts to give back, Caesars Palace Times Square announced a $5 million commitment on June 24 to fund Callen-Lorde services and to launch a Center for Excellence in Sexual Health, contingent upon securing one of three available gaming licenses in downstate New York.
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SL Green’s Chairman and CEO, Marc Holliday, expressed pride in the partnership, emphasizing the project’s goal to democratize investment opportunities and ensure that the benefits extend to families and communities across New York City. The coalition supporting the Caesars Palace Times Square bid has grown significantly, now encompassing over 200 organizations and businesses, including local restaurants, hotels, residents, unions, and Broadway stakeholders. Together, they are working toward a shared vision of creating a project that promotes inclusivity, community benefit, and shared economic growth. Caesars Palace Ownership
