New York’s $1.5B multi‑use venue near Belmont Park
Belmont Park has reopened after a multi-year rebuild funded by a $455 million state loan and $100 million from NYRA. The redesigned complex is smaller but state-of-the-art, featuring a Tapeta track for winter racing, two new turf courses, a larger paddock, and expanded green space. Officials say the project aims to attract new crowds and sustain horse racing amid a changing betting landscape.