This project
This project
Jay-Z’s Roc Nation is a multifaceted entertainment company that merges music, sports, and philanthropy. Most recently, the company revealed a grant initiative designed to assist Hell’s Kitchen and nearby neighborhoods during their potential development of the Caesars Palace casino in Times Square.
“We are New Yorkers. Supporting and providing opportunities for our neighborhoods and community isn’t just a part of Roc Nation’s ethos; it’s our collective responsibility,” Jay-Z said.
Roc Nation currently operates a successful record label with prominent artists, manages professional athletes through Roc Nation Sports, and engages in various charitable initiatives focused on social justice and community development.
“Any proposal that wins a gaming license will undoubtedly profit. Our vision is to give back to New York and ensure that the Broadway community, Hell’s Kitchen, and the surrounding businesses and areas all benefit. And not just for a minute, but for the long-term,” Jay-Z said.
Ongoing grants
Upon receiving approval, the initiative would allocate $15 million for local development and an additional 0.5% of the casino’s earnings for ongoing grants.
Include childcare
This is part of a larger $250 million benefit package that may include childcare, after-school programs, and senior support.
“We partnered with Roc Nation for a reason, and are thrilled to support any Roc Nation-led community initiative that extends the benefits of this project to more New Yorkers,” SL Green Executive Vice President Brett Herschenfeld said.
“We partnered with Roc Nation for a reason, and are thrilled to support any Roc Nation-led community initiative that extends the benefits of this project to more New Yorkers,” SL Green Executive Vice President Brett Herschenfeld said.
Jay-Z emphasized the importance of giving back to the New York community, aiming for long-term benefits.
The world
“We are thrilled to have Roc Nation and Jay-Z join our partnership to bring Caesars Palace to Times Square. They are one of the most pioneering entertainment groups in the world with New York embedded in their DNA,” Caesars Entertainment CEO Tom Reeg said.