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So when does Kate and Co. get to throw up the roadblocks?! Sounds like a crap deal for Nassau in the long run. A small facility that can't hold a pro team even if one wanted to come and more retail like we just don't have enough of that. Should have just flat out SOLD the property to a high bidder and let them do whatever they want with it and pay taxes like everyone else. Revenue sharing? You get 92% and we get 8. Leave it to a politician to make that deal. Funny how it would have cost us $400m to build an arena alone yet these guys can build an arena with retail and entertainment for
$229m. Nice! At least they are doing SOMETHING with the weed choked asbestos dump. Hopefully. Still plenty of hurdles.
Should have just flat out SOLD the property to a high bidder and let them do whatever they want with it and pay taxes like everyone else.
This.
Ratner has been working with the county on this for months so he had the inside track. Typical bag job. Will be interesting to see if he actually delivers on what's been proposed - he has a track record of the ol' bait and switch.
Until Ratner specifically outlines how he plans to host 309 events annually at a venue that just lost its anchor tenant and will be competing for acts with MSG and Barclays, I'll just assume that he's simply full of crap.
So when does Kate and Co. get to throw up the roadblocks?! Sounds like a crap deal for Nassau in the long run. A small facility that can't hold a pro team even if one wanted to come and more retail like we just don't have enough of that. Should have just flat out SOLD the property to a high bidder and let them do whatever they want with it and pay taxes like everyone else. Revenue sharing? You get 92% and we get 8. Leave it to a politician to make that deal. Funny how it would have cost us $400m to build an arena alone yet these guys can build an arena with retail and entertainment for
$229m. Nice! At least they are doing SOMETHING with the weed choked asbestos dump. Hopefully. Still plenty of hurdles.
I don't think she will this time. This is now where near the scale of the light house project. What's this pro team talk goose? I thought LI was a minor league destination for minor league team? Like you said something is being done at least, better than them selling it off and becoming another mall or some expansion for Hofstra.
Until Ratner specifically outlines how he plans to host 309 events annually at a venue that just lost its anchor tenant and will be competing for acts with MSG and Barclays, I'll just assume that he's simply full of crap.
How many Sesame Street Live, Circuses, American Idols, and Disney on Ice can they book in a year? Barclay's has the cool Brooklyn appeal happening. No one worth their salt is going to want to schlepp to Oniondale.
I don't think she will this time. This is now where near the scale of the light house project. What's this pro team talk goose? I thought LI was a minor league destination for minor league team? Like you said something is being done at least, better than them selling it off and becoming another mall or some expansion for Hofstra.
So when does Kate and Co. get to throw up the roadblocks?! Sounds like a crap deal for Nassau in the long run. A small facility that can't hold a pro team even if one wanted to come and more retail like we just don't have enough of that. Should have just flat out SOLD the property to a high bidder and let them do whatever they want with it and pay taxes like everyone else. Revenue sharing? You get 92% and we get 8. Leave it to a politician to make that deal. Funny how it would have cost us $400m to build an arena alone yet these guys can build an arena with retail and entertainment for
$229m. Nice! At least they are doing SOMETHING with the weed choked asbestos dump. Hopefully. Still plenty of hurdles.
Here is why it costs less. Ratner is just going to "fix it up" (as in, and I quote the story "renovate," "redo," "refurbish") and make significantly smaller (losing almost 5K seat), not demolish and build a new one. I wonder how that's going to work out as the current Coliseum is asbestos hell, as per the 100+ lawsuits going on against Nassau County, the Islanders, and SMG (the old management company) right now. Ratner is sneaky. He tries to act like he's "building a new coliseum" in some of his quotes, but he's really not. He's going to get the exact same parking deal that the old management company had (the county would receive 8 percent of gross revenues and 12.75 percent of parking fees with escalating minimum guaranteed payments over the initial 34-year lease term) and Ratner will barely have to do anything really. Certainly nothing big. He's only promising 13,000 seats in the renovated arena which will be surrounded by a complex that will include an ice skating rink, a bowling alley or a movie theater. NOT all three, just pick one.
Ratner has been working with the county on this for months so he had the inside track. Typical bag job. Will be interesting to see if he actually delivers on what's been proposed - he has a track record of the ol' bait and switch.
Looking this was, as per this in the article:
Quote:
It’s still not clear who the primary tenant of the refurbished arena would be.
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