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Soloviev Group CEO Michael Hershman Issues Statement Following Wednesday's Community Advisory Committee Votes

  • On September 17, 2025, Soloviev Group CEO Michael Hershman commented on the Community Advisory Committee votes regarding Caesars Palace Times Square and The Avenir.
  • The proposed $11 billion Freedom Plaza project aims to provide housing, a new public park, and hotels, generating thousands of jobs and millions in community benefits.
  • Hershman expressed confidence that one license should be awarded in Manhattan despite the committee's defeat of two significant applicants.
  • Michael Hershman, CEO of Soloviev Group, stated that their planning process considers community input and aims to improve the area with the Freedom Plaza project.
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Soloviev Group CEO Michael Hershman Issues Statement Following Wednesday's Community Advisory Committee Votes

NEW YORK, Sept. 17, 2025 /PRNewswire/ -- In response to the September 17, 2025, Community Advisory Committee votes on Caesars Palace Times Square and The Avenir, Soloviev Group CEO Michael Hershman stated: "Our extensive planning process is reflective of input from neighbors, local leaders, and civic partners and considers how Freedom Plaza would not only fit into, but better our community. Proposing historic levels of public benefits, the $11 b…

·New York, United States
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Benzinga broke the news in New York, United States on Wednesday, September 17, 2025.
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