Empire Resorts, Inc. (NASDAQ: NYNY) and Entertainment Properties Trust (NYSE: EPR) today announced a $100,000 donation to provide financial assistance for Sullivan County residents and businesses affected by Hurricane Irene.
David Brain, President and CEO of Entertainment Properties Trust said, “We are strongly connected to Sullivan County through our Concord property and recognize that many families and businesses suffered extensive property damage from Hurricane Irene. The need to repair damage and restore many communities is urgent and we want to contribute to the effort.”
Emanuel Pearlman, Chairman of the Board of Empire Resorts said, "For over fifty years Monticello Raceway has been one of the area’s largest employers. We are acutely aware of how hard this recent natural disaster has impacted the Sullivan County community. We have directed that all of the $100,000 be distributed as quickly as possible. We hope our example encourages more Sullivan County businesses to step forward to help during this critical time.”
Entertainment Properties Trust and Empire Resorts announced the donation today at a press conference at the Sullivan County Government Center. They were joined by area elected officials who helped identify local charities that could directly and quickly provide assistance to Sullivan County families. The county was hit hard by Hurricane Irene and is one of several counties in the region to be declared eligible for Federal Emergency Management Agency (FEMA) assistance.The not-for-profits distributing the $100,000 on behalf of Empire Resorts and Entertainment Properties Trust include The Sullivan County Partnership for Economic Development, The Sullivan County Federation for the Homeless, The Salvation Army, Sullivan County Office for the Aging, Sullivan County Veterans Service Agency and various churches in Sullivan County. “Community is all about neighbors helping neighbors,” said Congressman Maurice Hinchey. “With this donation, Empire Resorts and Entertainment Properties Trust exemplify what it means to be a good corporate citizen, and I thank them for their generosity.”