Major Nassau Coliseum Update

New York Islander Fan Central | 11/14/2007 02:45:00 PM | | | |

So much for an off day. The news surrounding the Coliseum project is critical news to the teams future and must be covered here. Newsday sees it as such also with more coverage than any game or event this hockey season.

Greg Logan's article: Describes the renovation plans, has comment from Rick DiPietro about the project but asks Charles Wang what's the future of the Islanders if this plan is not approved.

"Everyone asks me that question," Wang said when asked recently if there is a point at which he would have to move or sell the team. "I've been here on Long Island for 55 years. I don't want to go anywhere else.

"Yes, there is a point. But the last thing I want is for anything to be construed as a threat. If I wanted to, I could have made threats a long time ago. We've got to get it done. Lou Lamoriello got it done in New Jersey, and Bruce Ratner is getting it done in Brooklyn. We've never been this close before."

"If we can't get this done, we've got big problems on Long Island," Wang said. "It's going to be the crown jewel."

Mark Herrmann : After thirty plus years and four championships still questions if Long Island can house a professional sports team and if it's worth spending the money on such a project given what Wang loses per year running the franchise? He also has a long history of the companies that used to operate and generate big money for the region. For some reason Herrmann brings Ranger fans into this discussion

NYI Fan Central Comments:
Mr Herrmann forget's without the tax exemptions MSG was given in the early 80's along with low cost electricity they still receive the Rangers would have moved to New Jersey and the Knicks to the Coliseum because the Garden was bleeding red ink and went throughout several ownerships and were not viable. I wonder if he would have written the same article about the Garden's viability in those days?

Business reporter Elizabeth Moore: Has comments on the presentation and more specifics with comments from gm Garth Snow and Bill Guerin.

Elizabeth Moore: Did a second article on some of the failed history and Al D'Amato's involvement and does an article on the developers and the community concerns here.

Daniel Wagner: Has an article on the history of bad deals regarding the concessions and lease that have created the problems over the years along with some construction details as to what a renovated Coliseum and the site would be comparable with.

NYI Fan Central Comments:
Great plans, but the same old story.

The Republican machine that made problems for the Coliseum since the day it opened and gave Smg that lease along with some democrats see that land as their own for what they want and will never give it up to Charles Wang or Scott Rechler because they make no money from it. They prefer nothing ever be built than to surrender that land. I'm not sure what Wang will do with the club because he is bound by the lease until 2015 regardless but the Town of Hempstead, Smg are all about what's in it for them and perfer things stay as they are then forfeit their plans for that property which does not include the Coliseum or a hockey team.

You would hope the political climate that got the Devils, Mets, Yankees, Giants, Jets and Nets new homes would guarantee this project be approved but some Nassau County politicians have been fighting this forever and see it as their land for their personal business interests.

No doubt we will see negative reaction from the usual suspects soon enough.

Newsday: Greg Logan's blog update is on the Lighthouse project with more reaction from the players and coach Ted Nolan.

“A facility like Charles is attempting to build is fabulous,” said Nolan, who is in the second year of a three-year contract but hopes to remain with the Islanders and continue his efforts to revive the tradition of a four-time Stanley Cup franchise. “It’s something special for the fans here who went through good years and bad years and who see the team is starting to come back.

“I’ve seen videotapes and presentations of it. Even if it’s half of what I’ve seen on video, it’s going to be something spectacular.”