The comprehensive program utilizes a two-pronged approach that combines pre-opening infrastructure and community investments with an ongoing commitment to dedicate one percent of Wynn New York City’s gross gaming revenue to community development, a first-of-its-kind model for the gaming industry. The package, which is dependent on the project’s approval from public officials, will inject more than $1 billion into the surrounding neighborhood during its first 10 years.
It adopts a two-pronged approach that combines pre-opening infrastructure and community investments with an ongoing commitment to dedicate one percent of Wynn New York City’s gross gaming revenue to community development, a first-of-its-kind model for the gaming industry. For a comprehensive look at the plan, click here.
A portion of the new investment over the first decade will be directed to a new, 501(c)(3) organization called the “Wynn New York City Community Foundation” that will specifically respond to urgent neighborhood needs and manage a $4 million annual budget seeded by the pioneering revenue sharing model. The Fund will have a board structure including representatives from Wynn, Related, and leaders appointed by the community who will have a direct say in how funds are dispersed to ensure philanthropic requests are fulfilled efficiently and purposefully with the goal of advancing quality of life improvements in West Chelsea.
The Wynn Neighborhood Improvement Fund works with local residents to address persistent challenges in public safety and security, sanitation to keep sidewalks and streets clean, beautification of sidewalks, tree and flower beds and public open space, and quality-of-life improvements as identified by the local community.
We understand that neighborhood stakeholders have solutions in mind to the challenges local residents face, but often lack funding to put those plans into action. Rather than award short-term commitments, Wynn’s Neighborhood Improvement Fund will provide multi-year funding for critical programs so adjacent neighborhoods can put their solutions into action.
The WNIF will invest and collaborate with adjacent neighborhoods immediately upon opening the resort. For example, the Hudson Yards Hell's Kitchen Alliance (HYHK) Business Improvement District (BID) - which focuses on the overall maintenance of Bella Azburg Park and other initiatives - will receive significant incremental funding with Wynn New York City and Related Companies making up more than half of their annual budget.
The Wynn Artists Collective will commission local artists, whose work will be displayed both throughout Hudson Green’s public open space and within the resort. The Wynn Artists Collective is intended to ensure that Manhattan’s West Side continues to be a center of creative expression.
Lead Community Partner: WIN (formerly Women in Need)
Lead Community Partner: Hudson Guild and Holy Apostles Soup Kitchen
Lead Community Partner: Public Housing Community Fund
Primary Focus: Hudson Green
Primary Focus: The Wynn Creatives Initiative, Lincoln Center, The Shed, Stonewall National Monument Visitor Center
Primary Focus: The Wynn New York City Community Foundation
