Want to save Nassau County $2 million? Vote YES tomorrow!!

[OhBeeHave]

Originally Posted by Unregistereduser

In addition to keeping the Islanders on LI and giving us the sports/ entertainment arena we deserve, if we vote yes tomorrow Charles Wang will pay for the cost of the election, roughly $2 million!!

For about $40 per household the county will own a new arena, provide hundreds of jobs to LIers, and give all of LI a venue for top notch talent. Only the truly blind fail to see this forest through the trees.

Vote yes for Nassau County tomorrow!!!

How much more will seats cost in the new arena to help recoup the cost?
How much of a discount will the taxpayer receive on his tickets?
What kind of return can taxpayers expect to receive when the place turns a profit?

[LongIslandAintThatBad]

Originally Posted by OhBeeHave

How much more will seats cost in the new arena to help recoup the cost?
How much of a discount will the taxpayer receive on his tickets?
What kind of return can taxpayers expect to receive when the place turns a profit?

I'd like to see them agree to funnel some of those insanely projected profits for the county back into the loan instead of taking it from Joe Taxpayer.

[James1202]

Originally Posted by s13

Nevermind the $2m referendum, think about the hundreds of millions in YEARLY revenue that will be lost once the Coliseum closes its doors...

"Other cities have simply made bad investments. Harrison, NJ, built a $200 million sports arena that has not brought in the amount of money the city was expecting."

"Similarly, Salem, NJ, built a large office building downtown with the intention of leasing office space. But construction delays caused lease payment delays and money has been taken from the debt fund numerous times."

The above quotes come from the following:
american-cities-going-broke-247wallst: Personal Finance News from Yahoo! Finance

There are times to spend money to make money but I don't think this is the time to gamble on "pie in the sky" plans. I'm not referring to the already defeated Nassau Coliseum project. I'm referring to a whole host of projects that will be going through the news over the next 6-12 mos. as cash-heavy developers look for bargain basement prices because of public concerns (panic) over the economy.

[Autoracer9]

Just Fix the Arena theirs is no Need for a Ballpark Housing Developments a Bank and so on
Just Fix the Roof and other Little Details

[Goodnight]

Originally Posted by LIGuy1202

"Other cities have simply made bad investments. Harrison, NJ, built a $200 million sports arena that has not brought in the amount of money the city was expecting."

"Similarly, Salem, NJ, built a large office building downtown with the intention of leasing office space. But construction delays caused lease payment delays and money has been taken from the debt fund numerous times."

The above quotes come from the following:
american-cities-going-broke-247wallst: Personal Finance News from Yahoo! Finance

There are times to spend money to make money but I don't think this is the time to gamble on "pie in the sky" plans. I'm not referring to the already defeated Nassau Coliseum project. I'm referring to a whole host of projects that will be going through the news over the next 6-12 mos. as cash-heavy developers look for bargain basement prices because of public concerns (panic) over the economy.

I worry when developers want to save us, they tend to have some very optimistic projections.