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Monday, April 18, 2011

Shinnecock Nation Close To MOU With Nassau County

New York Islander Fan Central | 4/18/2011 10:27:00 PM


NY Post: Reports the Shinnecock Nation and Nassau County are close to a Memorandum of Understand to build a Casino next to the Nassau Coliseum site.

NYIFC Comments:
Basically repeats Mangano's speech from a week ago with this as first option. All I do know is if a new Memorandum of Understanding is done with Nassau County, that likely supersedes the one between Wang-Rechler to develop the property and that the Town of Hempstead cannot vote down any such project. Only Mangano knows where Coliseum/Wang/his Marriott hotel stand in this possible development that will not be permitted to drag out for years. Mangano is on record he will put a 400m dollar taxpayer referendum out for a brand new Nassau Coliseum as his final plan.

Still none of this explains how any current or future New York Islander owner or future owners can own a team that will be self-sustaining? It does not explain where Smg is with their future rights past 2015 to have a say in what's built on the property.

Charles Wang not only outright owns the hotel, he owns eight acres of land near that property.

Misc:
Bruce Boudreau, hit the nail on the head.

This is a New York crowd come playoffs:




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