Now there is reason to care.
James Dolan's Cablevision, Msg, Newsday have bid for the Nassau Veterans Memorial Coliseum, the company that did the song and dance they wanted the Isles to stay, now want their home arena in the future.
Make no mistake it would take a miracle for them not to win that bid.
Another entertainment venue to go with Hartford (tenant), Los Angeles Forum, Radio City, Beacon Theater, even Newsday to control the message. That's what Dolan does.
Updated 5/3/13: NY Post
“We’ve put together a quality team ... plus this is what we do! We operate seven venues, and we’ve restored and revitalized each and every one, “said MSG President Hank Ratner.....
When the NHL's oldest facility, the Cablevision Garden (getting a 16.5m dollar check from the taxpayers each year) is done being renovated, they will turn their full attention to the Nassau Coliseum.
The Bids Are In:
This bid for the Coliseum will feature Charles Wang's friend (future part landlord), Bruce Ratner vs Dolan vs Blumenfeld vs Master Developer of the HUB, Donald Monti.
Hofstra President Stuart Rabinowicz will likely support the Blumenfeld bid. (unless Hofstra expansion projects with biotech are part of the HUB or if Master Developer Monti has promised him that.)
Dolan will likely have another corporate naming sponsor like JPM Chase who are giving Msg 300m for internal naming rights, along with Cablevision money, and perhaps their own naming rights on the facility.
They will win the bid handily because most of these other people are looking for some public financing (or a referendum-like deal) which Nassau will not do, they just renovated a similar facility in age.
They only need to transfer the companies that renovated Msg to Long Island.
Plus they have a professional AHL hockey team all ready to cut into most of Charles Wang's current family/kid season ticket NHL base, the Ct/Cablevision Whale with an expiring lease in two years.
Mangano will pick what can save his bid for re-election. Cablevision can give him the political contributions/positive press to help that. Tom Suozzi is a former Newsday employee after he lost to Mangano so that end is covered completely.
Long Island Press in 2010 reported Cablevsion has given 200,000 to Suozzi's political bids.
Cablevision, its political action committee and owners, the Dolan family, had been one of Suozzi’s biggest campaign contributors throughout his career—donating nearly $200,000 to Suozzi’s political aspirations since 2006, according to NYS Board of Elections financial disclosure records.Counting on Mangano to be voted of office out for losing the Islanders? Not a prayer. Like referendum day, that's a smaller minority completely indifferent to virtually the only municipality in New York/New Jersey (around the country/Canada) who did nothing to keep their professional sports team via taxpayers.
Of course when County Website rips Dolan owned Newsday in 2012 it's fair to write they do not have the best of relationships.
“It’s become obvious that Newsday columnist Joye Brown has some personal grudge or vendetta against Nassau County Executive Ed Mangano. We all get that! However, it’s a shame that Newsday is allowing an editorial opinion on the news page without labeling it as such. The fact that Newsday, once one of the top five daily newspapers in the nation, condones this poor practice is disturbing as it lacks transparency by blurring the line between news and opinion.For me, my family, friends and associates, it appears Newsday is joining the ranks of the Star and the Enquirer. To place a column with Brown’s personal feelings on page 3, next to actual news stories – as a way of tricking the average reader into thinking they are facts – is yellow journalism at its worst. Ethical journalism calls for viewpoints in a separate section from the news because the two are supposed to be separate and apart. Accordingly, I am calling on the publisher of Newsday to end this practice immediately!”
For Kate Murray, the Rangers are exciting, it's obvious what she wants, she will get her sixty percent on election day as long as she does what the Joe Mondello machine tells her to do.
Wang will have veto power over the HUB site until 2015 per the LI Business News, but who knows if that could be negotiated as part of breaking his current lease early? Ratner vs Dolan will make for some very interesting games, and with the Islanders future television/newspaper coverage given the contention with the Nets ownership to say nothing of fights for events with Barclay's currently going on 4/17/13.
Dolan's long problems with virtually every NY/NJ team is well documented.
Wang has a binding lease until 2021 in Bridgeport, and Howard Saffan said the team is not going to move anywhere regardless of the Isles. He operates Webster Bank Arena which he just spent money renovating.
Charles Wang is not paying to repair the Nassau Coliseum anymore, unless Bruce Ratner has an ECHL hockey team included as part of his bid there will not be a New York Islander affiliate to put on the property.
Again, I have written this often, as long as Wang owns the Marriott, he needs revenue from people staying there who will go to the Coliseum, not an empty lot. He may even want Dolan to put his AHL team in the Coliseum so his hotel receives the related hockey business from fans/visiting teams he will lose in Brooklyn?
Wang picked Brooklyn to make Dolan keep paying him cable contract money, and for his legacy of not being the man to lose the Islanders. It's a far from perfect plan for Wang to generate revenue, and those claiming luxury boxes are the revenue miracle learned nothing from the Smg lease that John Pickett did to go with teams in modern buildings losing money all over this league with full facility control, luxury boxes, and thousands of more seats than Barclay's at this time.
Per the LIBN, David Winzelberg, in August 2012 Wang can veto any plan for the HUB/Coliseum here.
Wang’s newest lease for the Coliseum signed last year gives him a say in what eventually gets built around the rest of the property. The Hub’s master developer will have to build a tiered parking to make up for any of the 6,500 parking spots lost, and Wang can reject any plan he deems would “adversely affect the use and operation” of his Long Island Marriott hotel and the Coliseum.