Floyd Mayweather may be one of the wealthiest former boxers around. But, according to Mayweather, who won 15 major world championships before retiring in 2017, he is also a major real estate player in New York City.
During a recent interview with the “Earn Your Leisure” podcast, Mayweather claimed he owns nine skyscrapers in NYC and that he wants to bring a casino to Times Square in the Big Apple.
Skyscraper Dreams
This is not the first time the undefeated boxing champion, whose net worth is $450 million, said he owned several skyscrapers. Various media outlets have reported on the claims.
In 2021, in an interview with WBC he said, “One of the buildings I own is the tallest commercial building in America. So if you get a chance, go to New York and check it out. This is my ninth sky scraper.”
Mayweather is talking about One Vanderbilt, a 93-story skyscraper in the Midtown Manhattan area. The owners of the building are actually SL Green Realty, National Pension Service of Korea and Hines Interests Limited Partnership. Mayweather reportedly is an investor in the building. The Sun posted video of Mayweather cutting the ribbon at the 2020 opening of the building.
While Mayweather is claiming he owns nine skyscrapers, he is rather a major investor in several New York City real estate projects. His investment portfolio is valued at $150 million.
The Casino
According to Mayweather, he is involved in the proposed development of Caesars Palace Times Square.
The project is spearheaded by Jay-Z and his entertainment company, Roc Nation, alongside two other companies, SL Green and Caesars Entertainment, to secure New York’s first casino. The idea is to make One Astor Plaza on 1515 Broadway a multi-tenant building, with MTV as one of those tenants, into a nightlife destination with a scenery similar to Las Vegas.
“SL Green is a company that I’ve been working with for so many years, and Andrew Mathias you know, great business guy,” Mayweather told “Earn Your Leisure” earlier this month. Andrew Mathias serves as President of SL Green Realty Corp.
If the proposal is set in motion, according to billionaire Jay Z, Caesars Palace Times Square has the potential to generate billions of dollars in tax revenue for New York.
“New York is a beacon, the epicenter of culture. We have the opportunity to create a destination at the heart of Times Square, the true crossroads of the world,” Jay-Z said in a press statement. “My partnership with SL Green and Caesars, this coalition, has all the promise and commitment to economic opportunity, growth and enrichment for the community, and everyone who visits the Empire State.”
