Andrew Yang, 46, called for building a casino on Governors Island in New York City
New York City mayoral hopeful Andrew Yang has proposed building a casino on Governors Island as developers and lawmakers push to allow gambling halls in Manhattan to fix state budget holes.
Yang, 46, said in an appearance on the radio show The Breakfast Club that building a casino would generate 'hundreds of millions of dollars' in revenue as the state faces a $15 billion shortfall while recovering from the coronavirus pandemic.
The former 2020 presidential candidate made waves during the election cycle with his proposals for universal basic income, the cost of which could be partially offset from casino revenue, Politico reported.Insurance Loans Mortgage Attorney Credit Lawyer
'That casino would generate so much money it would be bananas,' Yang said.
Scroll down for video
Andrew Yang said a casino on Governors Island could help bring in hundreds of millions of dollars for the state
Yang spoke on The Breakfast Club shows while campaigning for mayor of New York City
'If the city could get that in place and harness some of that — that would be one of the engines of recovery.'
Yang argued that Governor's Island is 'an environment right now that is essentially unused.'
Governors Island, while technically a part of the borough of Manhattan, is a 172-acre recreational and public use island in New York Harbor controlled by a city-run non-profit called The Trust for Governors Island.Insurance Loans Mortgage Attorney Credit Lawyer
The island, a former military installation, is only accessible by ferry and currently houses a large park, a National Monument and several restaurants and businesses.
However, a controversial rezoning proposal already making its way through the city's land use process would allow for the building of hotels and offices on 4.5 million square feet of the mostly open green space, the Wall Street Journal reported.
Casinos are currently banned on the island according to a 2003 deed restriction.
DailyMail.com has reached out to Yang for