Jay-Z is joining another group of investors to invest in opening up a new casino in Times Square. Jay-Z said, "New York is the epicenter of culture. We have the opportunity to create a destination at the heart of the true crossroads of the world." He continued, "My partnership with SL Green and Caesars has all the promise and commitment to economic opportunity, growth, and enrichment for the community and everyone that visits the Empire State." This new casino will span across eight floors of a 54-story building if this investment moves forward.