Today Nassau County Executive Edward P. Mangano announced a major economic and job creation plan; A plan that includes replacing the aging Nassau Coliseum. Mangano was accompanied by a very delighted owner Charles Wang, who has been pushing for a new facility for years.
However this doesn't seal the deal, to finance the project Mangano would need to pass a public referendum throughout the county. The referendum, which will be voted on August 1st, would call for 350 million in bonds (over the next 30 years) for the Islanders facility, and 50 million in bonds for a near-by minor league ball-park. (Rumored to be a future rival of Suffolk County's Duck's).
With their current lease set to expire in 2015 it has been rumored the NY Islander's will look elsewhere if a new deal is not reached by then. Would Long Island really miss the Islanders?? The team ranked last in the league in average attendance, with 11,059 per game.
While the teams fan base may be in hiding the plan should gather enough support from Union Supporters, and others looking to create jobs and bolster the local economy.
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