Ed Mangano, trying once more to get a new Nassau Coliseum at the HUB site, unveiled plans to develop a new arena at the HUB site along with a massive parking garage, residential and retail space and a bioscience research and development park. This plan will competing with several others as part of Governor Cuomo's Empire State Development Corp, which will give state funds to whichever projects win out. The state's decision will come in December. The plan also mentions Belmont as a possible site for a new Coliseum if the HUB is no longer viable due to restricted space or other concerns. You can read the full article here.
AT: Here we go again. Albeit, this project would be jump started from state funds and not be voted upon by the public, it's hard to be optimistic about anything concerning keeping the Islanders in Nassau County. If you look at the projected layout of what the HUB site would be, there is very little room for parking outside of the direct area outside of the Coliseum. If the parking garage - which would be shared with the bioscience center and the Coliseum - were to hold 7,000 vehicles, where does everyone else go? Plus, parking in an enclosed garage like that would create chaos on nights where the Islanders sell out. Getting out of the Coliseum as it is right now is already a major hassle, getting out of it when you're on the top floor of a multistoried parking garage sounds like a nightmare. This would have to be designed to the highest standards for easy in and out access for mass traffic, otherwise we'll have simply solved one problem and gained another.
It's notable as well that there looks to be plans for a light rail system, which Mangano is known to be in favor of, wrapping itself around the HUB area extending into the Nassau County Community College area and down Hempstead Turnpike. This would be a great addition to the HUB site as right now, the nearest LIRR station is not the most easily accessible site when coming to and from the Coliseum. An addition such as a light rail system would make it a lot more tempting for commuters who simply want to jump on the LIRR and not use a taxi or bus to finish the ride.
Obviously, we have to see more details. But this looks like it will be the final ditch effort for Mangano and Nassau County to really keep the Islanders in Nassau County and retain an arena in Nassau as well. I'm very curious to see Wang's opinion on this and where his support lies at this point, as a plan like this would obviously need private developers in addition to state funds to achieve anything. Would a plan like this even be economically viable for Nassau County?
Showing posts with label Ed Mangano. Show all posts
Showing posts with label Ed Mangano. Show all posts
Oct 15, 2011
Jul 25, 2011
Arena: The Curious Timing Of Wednesday's Rally
Last week, the Islanders announced they are having a rally on Wednesday, July 27, at 4 PM at the Nassau Coliseum. Among the speakers will be Ed Mangano and Charles Wang. Islanders of the present and past will be in attendance. And Long Island's own Blue Oyster Cult will be performing live.
CH: I think it is great the Islanders are having a special event just days before the special election. It's exactly what they should be doing. What I don't understand at all is why they are having this rally on a weekday at 4:00 in the afternoon. The majority of the people that would come out for a Blue Oyster Cult concert are working. The majority of Islander fans are working. Yes, I'm sure there will be a ton of union workers there, without question. However, I went to the first rally and the meeting at the legislative offices. Unfortunately, there were not enough people there to make an impact that will be absolutely necessary at the Coliseum on Wednesday.
I have no idea what the turnout will be on Wednesday. I hope it's as big as what we saw before the public hearing for the Lighthouse in 2009. It's going to have to be. That's why this time is so curious. The Islanders run the Nassau Coliseum, so if there is a free date between Friday-Sunday, they should have used that and get the fanbase and residents riled up. Instead, we are getting a late afternoon showing in the middle of the week.
If you are going to be around on Wednesday, please try and make it. It's important to show this proposal has support. But make no mistake, the age group that needs to be targeted: the 25-55 year olds, are mostly going to be at work. And that is going to hold this thing down.
AT: To be quite honest, I'm floored that the only headliner they could get was BOC. As much as I love them and enjoy their music vastly, there are so many local celebrities who I know for a fact would come out and lend their support if asked. Jerry Seinfeld, Jennifer Lopez, Kevin James, Kevin Connolly, Billy Joel, Christie Brinkley (best not keep those two close together!), even James Dolan and a few former Rangers who have already voiced their support for the referendum such as Brian Leetch and Adam Graves. That, as well as the odd timing of the event, certainly does lead to some suspicion. I don't believe the Islanders believe this is a good idea, so you have to think there's some other motivation behind the timing. Just some very curious things by the Islanders right now.
CH: I think it is great the Islanders are having a special event just days before the special election. It's exactly what they should be doing. What I don't understand at all is why they are having this rally on a weekday at 4:00 in the afternoon. The majority of the people that would come out for a Blue Oyster Cult concert are working. The majority of Islander fans are working. Yes, I'm sure there will be a ton of union workers there, without question. However, I went to the first rally and the meeting at the legislative offices. Unfortunately, there were not enough people there to make an impact that will be absolutely necessary at the Coliseum on Wednesday.
I have no idea what the turnout will be on Wednesday. I hope it's as big as what we saw before the public hearing for the Lighthouse in 2009. It's going to have to be. That's why this time is so curious. The Islanders run the Nassau Coliseum, so if there is a free date between Friday-Sunday, they should have used that and get the fanbase and residents riled up. Instead, we are getting a late afternoon showing in the middle of the week.
If you are going to be around on Wednesday, please try and make it. It's important to show this proposal has support. But make no mistake, the age group that needs to be targeted: the 25-55 year olds, are mostly going to be at work. And that is going to hold this thing down.
AT: To be quite honest, I'm floored that the only headliner they could get was BOC. As much as I love them and enjoy their music vastly, there are so many local celebrities who I know for a fact would come out and lend their support if asked. Jerry Seinfeld, Jennifer Lopez, Kevin James, Kevin Connolly, Billy Joel, Christie Brinkley (best not keep those two close together!), even James Dolan and a few former Rangers who have already voiced their support for the referendum such as Brian Leetch and Adam Graves. That, as well as the odd timing of the event, certainly does lead to some suspicion. I don't believe the Islanders believe this is a good idea, so you have to think there's some other motivation behind the timing. Just some very curious things by the Islanders right now.
Jul 16, 2011
Arena: NIFA, Extortion, Economic Loss - What Is Going On?
CH: It's been a while since we have posted on the arena subject, mostly due to busy work schedules, but much has happened since the last post, which was five days ago. Since then, we've had a front page on Newsday regarding NIFA's thoughts on the project, we've had extortion accusations from the office of County Executive Ed Mangano, and we finally received a valuation of the losses Nassau County will suffer if the Islanders leave town, even if it's just right over to Queens or Suffolk County.
To start with NIFA, we'll have to backtrack a little bit. NIFA met the other day to discuss the budget that Ed Mangano submitted, which of course was shot down. Without making an official statement on the Coliseum project, they pretty much all but criticized the project, even asking if Nassau fans wanted to voluntarily raise their property taxes. Ouch. What was really the most interesting part of all, as noted on Islanders Point Blank, was that the Islanders are not the main tenant. From what I understand, instead, it's Arenaco SPE (special entity), which essentially leaves the onus on Nassau County if the tenant defaults. The Islanders are not tied to the lease - Arenaco is - which means theoretically the Islanders could leave for Tokyo in 20 years if they so desired. Coupled with the fact that Nassau County is on the hook if the Islanders were to go bankrupt, things do not look as promising given NIFA's concerns.
That said, it places so much more importance on the vote itself. It is clear there need to be an overwhelming majority in favor of the referendum for the proper channels to put it through. A 51-49 split is not going to get it done. If you are in Nassau County and can vote, do NOT take this for granted. Get to the polls and get your vote in. Even if it "doesn't matter" for the majority vote, we need more than that. This needs to be a landslide and only the help of every Nassau County resident can the Islanders get there.
AT: I don't think anyone expected a positive response from NIFA, but even without an official comment, it was overwhelmingly negative. Definitely not what we needed right now and as Carey said, all the more reason that any lethargy from people should be quelled immediately. We need this to be an overwhelming victory.
CH: Last night, we read that the office of Ed Mangano has accused ABLI leader Desmond Ryan of extortion, saying that Ryan would have offered his support of the Coliseum plan if he got the rights to develop the Coliseum. Naturally, Ryan denied these claims. Well, this is interesting. It's certainly about time that Ed Mangano went on the offensive here. Ryan has been shooting his mouth off with misinformation about the plan to anyone that will listen. Newsday hasn't even mentioned his conflict of interest until about a week ago. Things certainly escalated when Ryan accused the Executive Office of campaigning their own plan. This situation with the ABLI is a complete mess, and it's both the faults of Mangano and Ryan. Mangano needed to shut this guy up immediately, and Ryan needs to live up to his organizations name and stop spewing lies about the plan just because he was not chosen to develop the land. It's immature, it's unnecessary, and it hurts Long Island and the people that live there.
AT: A real estate mogul looking to cash in for his own profit? Unheard of! I'm glad Mangano is finally going on the offensive about this. With 2 weeks till the vote, we can't let someone like Ryan sway any undecided minds. If he is the leader of the opposition (even if not in an official post), he needs to be silenced as the only thing we've heard from him has been nothing but lies.
CH: Finally, a report in Newsday finally came out about the economic effects of the Islanders leaving Nassau County. It's exactly what we have been waiting for, and the details are out in plain view. The County cannot afford to lose close to $250 million in tax revenue each year. Plain and simple, every dollar counts here, and the Islanders are a big contributor to helping the dollars flow in. With no tenant in the Nassau Coliseum, it's doors will close very soon after the Isles leave. It's clear that losing the Islanders has more implications than just a civic pride issue.
Overall, this situation has become messy. And I expect it to get messier as we get closer and closer to the vote. All I know is the Isles PR machine better be out in full force, because this is too important to let it slip away.
AT: It's about time. The stats are on the table. It should be a very simple vote: have your taxes go up substantially and permanently, or have them go up for a very short time and then have the money given back and more over the years. It's your choice, Nassau. Make the smart one. Time to hammer home that point in commercials, radio ads, and lots and lots of fliers.
To start with NIFA, we'll have to backtrack a little bit. NIFA met the other day to discuss the budget that Ed Mangano submitted, which of course was shot down. Without making an official statement on the Coliseum project, they pretty much all but criticized the project, even asking if Nassau fans wanted to voluntarily raise their property taxes. Ouch. What was really the most interesting part of all, as noted on Islanders Point Blank, was that the Islanders are not the main tenant. From what I understand, instead, it's Arenaco SPE (special entity), which essentially leaves the onus on Nassau County if the tenant defaults. The Islanders are not tied to the lease - Arenaco is - which means theoretically the Islanders could leave for Tokyo in 20 years if they so desired. Coupled with the fact that Nassau County is on the hook if the Islanders were to go bankrupt, things do not look as promising given NIFA's concerns.
That said, it places so much more importance on the vote itself. It is clear there need to be an overwhelming majority in favor of the referendum for the proper channels to put it through. A 51-49 split is not going to get it done. If you are in Nassau County and can vote, do NOT take this for granted. Get to the polls and get your vote in. Even if it "doesn't matter" for the majority vote, we need more than that. This needs to be a landslide and only the help of every Nassau County resident can the Islanders get there.
AT: I don't think anyone expected a positive response from NIFA, but even without an official comment, it was overwhelmingly negative. Definitely not what we needed right now and as Carey said, all the more reason that any lethargy from people should be quelled immediately. We need this to be an overwhelming victory.
CH: Last night, we read that the office of Ed Mangano has accused ABLI leader Desmond Ryan of extortion, saying that Ryan would have offered his support of the Coliseum plan if he got the rights to develop the Coliseum. Naturally, Ryan denied these claims. Well, this is interesting. It's certainly about time that Ed Mangano went on the offensive here. Ryan has been shooting his mouth off with misinformation about the plan to anyone that will listen. Newsday hasn't even mentioned his conflict of interest until about a week ago. Things certainly escalated when Ryan accused the Executive Office of campaigning their own plan. This situation with the ABLI is a complete mess, and it's both the faults of Mangano and Ryan. Mangano needed to shut this guy up immediately, and Ryan needs to live up to his organizations name and stop spewing lies about the plan just because he was not chosen to develop the land. It's immature, it's unnecessary, and it hurts Long Island and the people that live there.
AT: A real estate mogul looking to cash in for his own profit? Unheard of! I'm glad Mangano is finally going on the offensive about this. With 2 weeks till the vote, we can't let someone like Ryan sway any undecided minds. If he is the leader of the opposition (even if not in an official post), he needs to be silenced as the only thing we've heard from him has been nothing but lies.
CH: Finally, a report in Newsday finally came out about the economic effects of the Islanders leaving Nassau County. It's exactly what we have been waiting for, and the details are out in plain view. The County cannot afford to lose close to $250 million in tax revenue each year. Plain and simple, every dollar counts here, and the Islanders are a big contributor to helping the dollars flow in. With no tenant in the Nassau Coliseum, it's doors will close very soon after the Isles leave. It's clear that losing the Islanders has more implications than just a civic pride issue.
Overall, this situation has become messy. And I expect it to get messier as we get closer and closer to the vote. All I know is the Isles PR machine better be out in full force, because this is too important to let it slip away.
AT: It's about time. The stats are on the table. It should be a very simple vote: have your taxes go up substantially and permanently, or have them go up for a very short time and then have the money given back and more over the years. It's your choice, Nassau. Make the smart one. Time to hammer home that point in commercials, radio ads, and lots and lots of fliers.
Jun 22, 2011
Arena: Wang and Mangano Reveal Nassau Coliseum Plan
Today at the Nassau Veterans Memorial Coliseum, Islanders owner Charles Wang and Nassau County Executive Ed Mangano released the financial data of the plan that would build the New York Islanders and Nassau County a new arena. The press release can be found on the Islanders official website, and more details can be found on Newsday.

CH: So much to discuss here. First off, they FINALLY released this information, and it was worth the wait. This plan is much better than I expected - to outline, the Islanders will pay Nassau County a guaranteed $14 million per year ($420 million over the life of the contract), along with 11.5% of all revenues from all events at the new arena. That includes everything from pretzels, tickets, beer etc. It's now projected, if the new arena does not make a dime, that each household will see an increase in property tax of less than $20 per year. However, the projections state the new arena will make over $1.2 billion in revenues, which should pay off the entire thing. This is an absolute sweetheart deal for Nassau County. There's just no other way to put it. I'm certainly a little more optimistic than I was going into today, but we'll see what previous detractors have to say about it tomorrow.
AT: Awesome job by Wang and Mangano today. I was surprised honestly, but my faith has been restored in Mr. Wang and Mr. Mangano. By allowing the County 11.5% of the revenues which will cover the tax expenses and more, this plan really should not be hated by anybody. This is the perfect situation for everyone. Well done, Wang-ano.
CH: As we knew before, the Islanders will be staying on Long Island until at least 2045 under this agreement. There will be 3,000 permanent jobs and over 1,000 temporary construction jobs created. It was also confirmed today that the demolition of the current Nassau Coliseum will be included in the $350 million bond. Charles Wang has also agreed to pay any overruns over the $350 million number, so there will be no further burden on the taxpayer whatsoever. Those are two huge answers to very legitimate questions proposed by some members of the Legislature.
AT: And if the Isles leave, it's the taxpayers who will be paying for the demolition. Just something to keep in mind. Good for Wang to ensure the voters that anything over what is promised in the $350m will be paid for by him. I really hope we see a true, state of the art arena.
CH: The one thing we didn't hear about is a comparison report on what would happen if the Islanders left, which is something I would still like to say. However, with the increase in property tax essentially negligible, it may not even matter that much. Still, it's something that would be nice to see. That said, the appeasement of ABLI and the Town of Hempstead yesterday means there are already powerful people on board. The only other negative I could see from this plan is that the payback period won't start until three years after borrowing. That means that there will be a little bit more of a tax increase in that time, but in the long-term it becomes moot. Like Wang said at the end of the press conference, this is about future generations of Long Island - not just today's.
AT: Absolutely. Long term for the Island is the most important thing here. Yes, taxes will go up a very minor amount in the short term, but all of that will come back - and more! 11.5% over 30 years, especially with a team that has a returning fanbase and a rising team, is nothing but good news for Nassau residents.
CH: From here, the campaign officially begins from the Islanders/Nassau County standpoint. The Islanders will have voter registration at their draft party on Friday. Nassau County is going to hold public meetings on the benefits of this plan as soon as next week and through the month of July. The Islanders are also going to be creating a website with all pertinent information about the Coliseum plan. These are all great marketing techniques. But now it's up to us. This vote is of extreme importance and we must show NIFA and the Legislature that this plan should go through. And that will happen with a landslide victory on August 1.
AT: The voter registration at the draft party is huge. Last thing we need is younger fans going to the booth to find out they haven't registered. Get everyone who can vote and is willing to vote yes out there, spread fliers, post signs, scream it on the highway at passing cars. Okay, maybe not that last part. But I really hope the Islanders have a damn good PR firm ready for this. They'll need it to ensure their future.
CH: So much to discuss here. First off, they FINALLY released this information, and it was worth the wait. This plan is much better than I expected - to outline, the Islanders will pay Nassau County a guaranteed $14 million per year ($420 million over the life of the contract), along with 11.5% of all revenues from all events at the new arena. That includes everything from pretzels, tickets, beer etc. It's now projected, if the new arena does not make a dime, that each household will see an increase in property tax of less than $20 per year. However, the projections state the new arena will make over $1.2 billion in revenues, which should pay off the entire thing. This is an absolute sweetheart deal for Nassau County. There's just no other way to put it. I'm certainly a little more optimistic than I was going into today, but we'll see what previous detractors have to say about it tomorrow.
AT: Awesome job by Wang and Mangano today. I was surprised honestly, but my faith has been restored in Mr. Wang and Mr. Mangano. By allowing the County 11.5% of the revenues which will cover the tax expenses and more, this plan really should not be hated by anybody. This is the perfect situation for everyone. Well done, Wang-ano.
CH: As we knew before, the Islanders will be staying on Long Island until at least 2045 under this agreement. There will be 3,000 permanent jobs and over 1,000 temporary construction jobs created. It was also confirmed today that the demolition of the current Nassau Coliseum will be included in the $350 million bond. Charles Wang has also agreed to pay any overruns over the $350 million number, so there will be no further burden on the taxpayer whatsoever. Those are two huge answers to very legitimate questions proposed by some members of the Legislature.
AT: And if the Isles leave, it's the taxpayers who will be paying for the demolition. Just something to keep in mind. Good for Wang to ensure the voters that anything over what is promised in the $350m will be paid for by him. I really hope we see a true, state of the art arena.
CH: The one thing we didn't hear about is a comparison report on what would happen if the Islanders left, which is something I would still like to say. However, with the increase in property tax essentially negligible, it may not even matter that much. Still, it's something that would be nice to see. That said, the appeasement of ABLI and the Town of Hempstead yesterday means there are already powerful people on board. The only other negative I could see from this plan is that the payback period won't start until three years after borrowing. That means that there will be a little bit more of a tax increase in that time, but in the long-term it becomes moot. Like Wang said at the end of the press conference, this is about future generations of Long Island - not just today's.
AT: Absolutely. Long term for the Island is the most important thing here. Yes, taxes will go up a very minor amount in the short term, but all of that will come back - and more! 11.5% over 30 years, especially with a team that has a returning fanbase and a rising team, is nothing but good news for Nassau residents.
CH: From here, the campaign officially begins from the Islanders/Nassau County standpoint. The Islanders will have voter registration at their draft party on Friday. Nassau County is going to hold public meetings on the benefits of this plan as soon as next week and through the month of July. The Islanders are also going to be creating a website with all pertinent information about the Coliseum plan. These are all great marketing techniques. But now it's up to us. This vote is of extreme importance and we must show NIFA and the Legislature that this plan should go through. And that will happen with a landslide victory on August 1.
AT: The voter registration at the draft party is huge. Last thing we need is younger fans going to the booth to find out they haven't registered. Get everyone who can vote and is willing to vote yes out there, spread fliers, post signs, scream it on the highway at passing cars. Okay, maybe not that last part. But I really hope the Islanders have a damn good PR firm ready for this. They'll need it to ensure their future.
Jun 21, 2011
Arena: Wang and Mangano to Announce Arena Plans Tomorrow
According to Newsday, Charles Wang and Ed Mangano are set to announce the lease agreement and other financial estimations regarding the redevelopment of the Nassau Coliseum tomorrow. The following is the press release, as posted by B.D. Gallof on Twitter:
"Uniondale, NY, June 21, 2011 Nassau County Executive Edward P. Mangano will be joined by New York Islanders Owner Charles Wang at a press conference, Wednesday, June 22nd at 11:00 a.m. Together, Mangano and Wang will announce that they have reached an agreement that takes an important step forward, creating a new world-class sports-entertainment destination in Nassau County, including the retention of the NY Islanders - Long Islands only major professional sports team. An independent economist and lease negotiators will be on hand to address details of an economic analysis and lease related to the new arena."
CH: Well, here we are...finally. I have to admit I'm pretty nervous about this, mostly because I'm worried about how Wang and Mangano are going to conduct themselves when the tough questions are asked. But we have to stay positive here and hope that the numbers will add up. If they do, most of the detractors should be quiet. Yes, we may have to deal with more political posturing, but if the plan works it won't matter. This is a huge day for the New York Islanders. Without more details, it's hard to make any comments on this other than the fact that this is a huge day. It took them long enough but it's here, so just like with the Lighthouse, we have to forget the past and only focus on what is ahead of us.
AT: I remain an optimist in hoping that Wang and Mangano have used the past couple of weeks to prepare for this and to ready themselves for the difficult questions on rising taxes, and to hammer home the cost difference of a new arena versus the Islanders leaving Long Island. This is their time... don't screw it up.
AT: I remain an optimist in hoping that Wang and Mangano have used the past couple of weeks to prepare for this and to ready themselves for the difficult questions on rising taxes, and to hammer home the cost difference of a new arena versus the Islanders leaving Long Island. This is their time... don't screw it up.
In other news today, Newsday is reporting the Town of Hempstead approved a more flexible zoning plan which will allow for "residential, retail, entertainment, parking, office, hotel, restaurant or a new or refurbished Coliseum." While it's said this rezoning has nothing to do with the Wang/Mangano plan to build a new Coliseum, it does give more freedom for development once the arena is built.
CH: This is all fine and good. Like we touched on yesterday, in the short-term, what we will see is just the Coliseum and the parking lot. But this rezoning allows for long-term development on the site, so we won't have to deal with the problems the Lighthouse problems dealt with. While this doesn't affect the area in the short-term, the long-term outlook of the site is brighter.
AT: Definitely. The arena right now is pretty bland with not much surrounding it. Let's get the arena done first and then worry about making it all pretty afterwards.
AT: Definitely. The arena right now is pretty bland with not much surrounding it. Let's get the arena done first and then worry about making it all pretty afterwards.
Arena: Wang Will Have Control of Land
| Zimbio |
CH: There's a bunch of different parts to this. First, I've read people are nervous that no development will ever come of this. I can't deny that possibility, but subjecting the land to a new RFP process appeases the Association for Better Long Island and Kate Murray and her Town of Hempstead cronies. It means the Coliseum and ballpark will be built first, and development can spur up afterwards, which would be fine. The Lighthouse (Lite) was never going to be built by 2015. We were told the referendum would include funding to build an arena and ballpark, and nothing else. That's exactly what we're getting. From there, it's up to Charles Wang, who we know wants to develop the area.
The surface parking makes sense because it will give Nassau County a bigger profit margin in the short-term. In the article, it says it will cost $25,000 per space with a parking garage - adding up to $175 million. In a time like this, that's not feasible or smart. In the long-term, it's obvious a garage must be built there. But only have more development gets built, otherwise you're wasting a ton of money. With the rumor the team is going to charge $20 for parking at hockey games down the road (they already have been for other events), the profit margin will be way higher.
There is no doubt that Mangano and Wang have not done the best job with this plan. We still have no idea what the numbers are going to say, and that will be the dealbreaker or the thing that puts this through. That needs to come out now, especially as we near the end of June. All we know is that Wang will control the land and there will be no original development with the Coliseum and ballpark. And that's okay, but that can't be the long-term plan. It's clear they want to get the arena done first for two reasons: 1) It's the most urgent. The Islanders lease is up in 4 years, and the team needs a building. So construction needs to start now. 2) It's also the most biggest and most important part of the plan. You always build the biggest thing first. And development will come from a new arena, but it won't come from a broken down Coliseum or an empty piece of land. They are right in how the plan needs to be done, but the devil will be in the details.
AT: To be honest, all that really matters to me right now is the arena. No, they haven't done a very good job with everything else and we don't even know what the new Coliseum will look like, but right now the new Coliseum is my (and everyone else's) main concern. Everything else can be worked out at a later date. A parking garage will absolutely be necessary especially as the Islanders rise up through the ranks, but right now we need to stay focused on what's most important. If the new arena isn't passed on August 1st, the Islanders are gone, so everything else kind of takes a back seat to the arena at this point. I'd love for Wang to develop the arena - I thought the concept designs for the Lighthouse at LI were beautiful and ambitious. It will happen in time. Let's get the arena done right now and focus on everything else after.
As a side note: Randi Marshall tweeted this morning there will be a vote on a less dense zone for the Coliseum. She called the process "straightforward" when I asked her if there was anything else. So this should pass fairly easily, I'm assuming. We'll update that later.
Jun 15, 2011
Arena: Newsday Reports Coliseum Plan Will Raise Taxes $58 Per Year
Randi Marshall of Newsday is reporting analysis that the plan to redevelop the Nassau Coliseum will cost each household $58 per year. This number is based on the original investment as well as interest on the project. The complete plan is supposed to be released sometime this month by County Executive Ed Mangano and Islanders Owner Charles Wang.
CH: We've been saying it for weeks, but this is why the plan needs to be released...now. The article in Newsday is slanted negatively, which has been par for the course recently. The fact is that if this $58 per year is true, it's not bad at all. Many will argue that Nassau taxpayer don't want to pay a penny more than they already do. That's 100% true. Realistically, you're looking at one meal for a family of four. You're looking at 3 one-way trips to Penn Station on the LIRR. You're looking at less than $5 a month, which means you won't get your Starbucks twice. It can and will work if the people of Nassau County make it work. Still, it's $58 that a lot of people won't want to spend.
AT: The argument will inevitably be: "But if this happens, what's to stop the bankrupt county from adding even more taxes?". I respond with a very simple retort: what's to stop the bankrupt county from adding an unimaginable amount of taxes from lost revenue on the Coliseum if it's demolished with no replacement?
CH: So in reality the big picture needs to be looked at here. That includes the result of the Islanders leaving. That's going to be a huge argument for either the opponents or proponents of this project. If the Islanders leaving and the Nassau Coliseum closing its doors means a higher tax increase, even in the short-term, it will be easy to sell this to the Nassau resident. Quite frankly, my opinion is that since the Islanders are the one non-shopping major revenue source for Nassau County, the economic benefits of having them around for Long Island are a lot higher than practically every other city/municipality in the United States. All these cities have industry and corporate business. Long Island doesn't have that anymore, but they do have the Coliseum. So can the County really afford to lose $60-75 million in tax dollars from events held there? I don't think they can, at least comparatively to other cities.
AT: And that's what we need to hammer home. People need to look to the future, not just the short term for a project like this. Once more just another reason why the details need to be released now, and the longer Mangano and Wang wait, the longer the opposition will spread misinformation with no backing.
CH: That's going to be the major sticking point here. All we have right now are rumor and conjecture. We need absolutes, and soon. Attitudes are extremely hard to change and with each passing day and each negative article, more negative attitudes are being formed. It's time to get the ball rolling. It's time to show the residents of Nassau County than the Islanders mean a whole lot more to the area than just a team with four Stanley Cups won 30 years ago.
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AT: The argument will inevitably be: "But if this happens, what's to stop the bankrupt county from adding even more taxes?". I respond with a very simple retort: what's to stop the bankrupt county from adding an unimaginable amount of taxes from lost revenue on the Coliseum if it's demolished with no replacement?
CH: So in reality the big picture needs to be looked at here. That includes the result of the Islanders leaving. That's going to be a huge argument for either the opponents or proponents of this project. If the Islanders leaving and the Nassau Coliseum closing its doors means a higher tax increase, even in the short-term, it will be easy to sell this to the Nassau resident. Quite frankly, my opinion is that since the Islanders are the one non-shopping major revenue source for Nassau County, the economic benefits of having them around for Long Island are a lot higher than practically every other city/municipality in the United States. All these cities have industry and corporate business. Long Island doesn't have that anymore, but they do have the Coliseum. So can the County really afford to lose $60-75 million in tax dollars from events held there? I don't think they can, at least comparatively to other cities.
AT: And that's what we need to hammer home. People need to look to the future, not just the short term for a project like this. Once more just another reason why the details need to be released now, and the longer Mangano and Wang wait, the longer the opposition will spread misinformation with no backing.
CH: That's going to be the major sticking point here. All we have right now are rumor and conjecture. We need absolutes, and soon. Attitudes are extremely hard to change and with each passing day and each negative article, more negative attitudes are being formed. It's time to get the ball rolling. It's time to show the residents of Nassau County than the Islanders mean a whole lot more to the area than just a team with four Stanley Cups won 30 years ago.
External Links: Islandermania Vote YES Facebook Vote YES Twitter
Jun 9, 2011
Arena: Validity of August 1 Vote Questioned
Both Newsday and the Long Island Press are reporting that the August 1 referendum regarding the redevelopment of the Nassau Coliseum and its surrounding areas may be illegal under New York State Law. The main argument seems to be a matter of whether the referendum is binding or non-binding (advisory).
Charles Wang and Ed Mangano are expect to release their plans for the Coliseum this month.
CH: I needed a few hours to wrap my head around this. There's a lot of parts involved in a major development deal like this, and a lot of different angles to look at. The fact is Charles Wang and Ed Mangano have not been transparent enough to this point. They have preached it, but they haven't delivered yet. I can only hope that every possible question is answered when this plan comes out (which needs to come as soon as possible), because the assumptions and misinformation is getting out of control. The fact this referendum's legality is now in question after the legislature has voted on it is unacceptable. This stuff needed to be checked and double-checked with the County Attorney General before any of this came out. However, at the same time, one would have to believe that was done. So where is this argument coming from?
AT: Perhaps they need yet another press conference. Outline the vote, what the arena will be like, how it will be paid for in very direct, coherent language that everyone can understand.
CH: We are now in a situation where we are dealing with "legal issues," a public vote, a legislature vote, NIFA, and ABLI (featured again in the Newsday article) asking for a new RFP on the site. That's what needed to be expected - especially with no plan released a month after the original press conference. We've heard tidbits such as Wang paying all overages on the Coliseum and the Islanders signing a lease for 30 years. It's not enough though. Attitudes are extremely hard to change, and while the Islander fans and unions are doing their part, it's time for the leading parties to put forth a PR campaign.
AT: It's definitely going to take a very large PR campaign to get the misinformation out and the facts in. Again, I think another press conference that truly entails what the plan will involve is absolutely essential to quiet the critics and dash out a lot of the incorrect information.
CH: Still, we have to stay optimistic. Admitting defeat because of a couple of newspaper articles cannot be accepted. Everyone reading this wants this Coliseum project to be completed. We can lead the charge, and we have to.
AT: Absolutely. Every big plan like this will at one point face speed bumps. We simply need to combat misinformation and get our word spread as far out as possible.
External Links: Islandermania
Charles Wang and Ed Mangano are expect to release their plans for the Coliseum this month.
CH: I needed a few hours to wrap my head around this. There's a lot of parts involved in a major development deal like this, and a lot of different angles to look at. The fact is Charles Wang and Ed Mangano have not been transparent enough to this point. They have preached it, but they haven't delivered yet. I can only hope that every possible question is answered when this plan comes out (which needs to come as soon as possible), because the assumptions and misinformation is getting out of control. The fact this referendum's legality is now in question after the legislature has voted on it is unacceptable. This stuff needed to be checked and double-checked with the County Attorney General before any of this came out. However, at the same time, one would have to believe that was done. So where is this argument coming from?
AT: Perhaps they need yet another press conference. Outline the vote, what the arena will be like, how it will be paid for in very direct, coherent language that everyone can understand.
CH: We are now in a situation where we are dealing with "legal issues," a public vote, a legislature vote, NIFA, and ABLI (featured again in the Newsday article) asking for a new RFP on the site. That's what needed to be expected - especially with no plan released a month after the original press conference. We've heard tidbits such as Wang paying all overages on the Coliseum and the Islanders signing a lease for 30 years. It's not enough though. Attitudes are extremely hard to change, and while the Islander fans and unions are doing their part, it's time for the leading parties to put forth a PR campaign.
AT: It's definitely going to take a very large PR campaign to get the misinformation out and the facts in. Again, I think another press conference that truly entails what the plan will involve is absolutely essential to quiet the critics and dash out a lot of the incorrect information.
CH: Still, we have to stay optimistic. Admitting defeat because of a couple of newspaper articles cannot be accepted. Everyone reading this wants this Coliseum project to be completed. We can lead the charge, and we have to.
AT: Absolutely. Every big plan like this will at one point face speed bumps. We simply need to combat misinformation and get our word spread as far out as possible.
External Links: Islandermania
Jun 8, 2011
Arena: The Fox Business Network Disaster
AT: I'll dissect this as Carey goes along.
CH: The first guest they had on was Mike Picker, the senior vice president of the New York Islanders. The reporter, Adam Shapiro, asked Picker legitimate questions about the project. Let's face it, no information has been released so there is not much for anyone to go on right now. Picker explained the best course of action was to go into a debt service through public financing. He explained the economic benefits are better this way as each dollar that goes into the Coliseum will be paid back to the taxpayers. The reporter then referred to Picker as Kevin, forgetting his name. Unprofessional, but it is what it is. To be frank, there was not much to be upset about through this interview. Picker handled himself well, as the questions about the benefits of a publicly funded arena are fair.
AT: Picker did a good job with tough questions faced with little info around right now. Perhaps this interview would have been a lot better after the mid-June date that Mangano promised the information on the new Coliseum. With that, I think Fox could create some legitimate, fact based questions and Picker would've been able to quell the rumors and misinformation. Though as an addict of things political my whole life, I know that's next to impossible in some cases.
AT: Mangano seemed prepared. He's really taking some heat from some very misinformed people. That's the life of a politician, I suppose. Mangano is, as we all have been, trying to get the facts out there in any way he possibly can.
CH: Finally, Fox Business brought on Desmond Ryan, our friend from the Association for Better Long Island. Based on what he said in Chris Botta's interview and in Newsday, it's known by now this guy is only it in for himself and not for Long Island. Ryan's plentiful misinformed opinions included that he believes the Islanders won't necessarily be leaving Long Island if they don't get a new building. He also referenced that since the Thrashers moved with a relatively new building, the same could happen to the Islanders. Finally, he said he's not sure the building will pay for itself, which to be fair is a valid point since no numbers have been released.
AT: It's almost laughable how misinformed this guy is. How long do people think the Isles will really stay at NVMC? 'Till the walls start crumbling down, as John Mellencamp aptly sang? The Isles are gone if this doesn't happen. Wang has already made it known he's explored non-Nassau/Suffolk locations and seemed quite intent on moving. And the comparison with the Thrashers is a joke. This is a team with a fanbase that HAS supported the team in years past. The Thrashers fanbase was always relatively non-existant. It's a terrible analogy.
AT: It's typical mainstream "news" media, sad to say. Pretty much all I can say on that.
CH: This feature on the Nassau Coliseum project did not outline any advantages, just faults. Now, a lot of that has to do with the fact Wang and Mangano have not released any formal details on the project. It's been more than a month after the initial press conference was held. That is just as irresponsible. However, in the interest of fairness for all parties, Fox Business was better off waiting on this story until the plan came out. They didn't do that. All I know is this feature did not help the Islanders, it did not help Mangano, and it did not help Long Island. Wang and Mangano need to release their plan - and soon, or the negative articles will continue to get worse.
AT: Well, we all know bad news gets higher ratings than good news. It's a shame, but it's the way it is. Absolutely agreed with Carey on this, it's only helped to rile up negativity that's mostly based on misinformation. The sooner this information comes out, and the more elaborate and detailed it is the better.
Credit on the Desmond Ryan interview: Snowman39 from Islandermania
For tweets on the Picker and Mangano interviews please follow us @VoteYESNYIArena
Jun 7, 2011
Arena: Mangano Wants Light Rail To Coliseum?
According to the Garden City Patch, Nassau County Executive Ed Mangano is currently going over plans to add a Long Island Rail Road station behind the Stop & Shop on Old Country Road. The stop would fall in between the Mineola and Carle Place stations and would not pass through Garden City at all. There would then be a shuttle bus service to the Nassau Coliseum and it's surrounding areas.
CH: This is fantastic news. Apparently the track and line is already set up and all they would need to create is the platform. The station would most likely be on the Hicksville/Huntington/Ronkonkoma line, as they all run through Mineola and Carle Place. There are two great things about this: 1) Mangano is trying to solve the public transportation issue to the Coliseum without infringing on Garden City and their NIMBYism. 2) Mangano is trying to get all groups and civic leaders on board with the referendum by appeasing those that need to be appeased. Potentially, having an LIRR station would be great for those commuting from Manhattan and the NYC area for attending shows, which would increase foot traffic at the HUB. We'll see if this story gains any traction over the next few weeks.
AT: Absolutely awesome. Let's hope this gets through. One of the biggest things for the Rangers, IMO, is being right above Penn Station. Such easy access for everyone from Westchester/Metro-North areas, New Jersey and Long Island. Having a really convenient LIRR stop with shuttle access would be HUGE in a revitalization of the Islanders and getting fans back to the NVMC (and new arena if it happens). Create easy access to the Coliseum and I bet you'd see attendance rise even if the team doesn't do as well as we expect it to. Really hoping this goes through.
External Link: Islandermania
CH: This is fantastic news. Apparently the track and line is already set up and all they would need to create is the platform. The station would most likely be on the Hicksville/Huntington/Ronkonkoma line, as they all run through Mineola and Carle Place. There are two great things about this: 1) Mangano is trying to solve the public transportation issue to the Coliseum without infringing on Garden City and their NIMBYism. 2) Mangano is trying to get all groups and civic leaders on board with the referendum by appeasing those that need to be appeased. Potentially, having an LIRR station would be great for those commuting from Manhattan and the NYC area for attending shows, which would increase foot traffic at the HUB. We'll see if this story gains any traction over the next few weeks.
AT: Absolutely awesome. Let's hope this gets through. One of the biggest things for the Rangers, IMO, is being right above Penn Station. Such easy access for everyone from Westchester/Metro-North areas, New Jersey and Long Island. Having a really convenient LIRR stop with shuttle access would be HUGE in a revitalization of the Islanders and getting fans back to the NVMC (and new arena if it happens). Create easy access to the Coliseum and I bet you'd see attendance rise even if the team doesn't do as well as we expect it to. Really hoping this goes through.
External Link: Islandermania
Jun 2, 2011
Arena: LI Herald Editorial Wonders Why NVMC Plan Is Rushed
An editorial published today in the Long Island Herald wonders why the plan to redevelop the Nassau Coliseum and its surrounding area is being rushed to completion. A major complaint in the article says the required information has not been released at this point. The author also defended Legislator Wayne Wink's proposed amendment to move the referendum back to Election Day, which is November 8. The end of the editorial reads as follows:
AT: The Lighthouse would've been a great "long term vision" for the county that wouldn't have cost the town a cent. Housing, shopping, a new arena and a major tourist location. Wang didn't want this current plan, he just settled for it. He wanted the entire area redeveloped because he LOVES Long Island and wants his team to succeed. I honestly have to wonder sometimes if certain people just live to contradict others..
For more arena discussion, please visit our Vote YES campaign's Facebook and Twitter pages.
For a look at Nick Giglia's post today on Let There Be Light(House), visit his blog here.
There’s no denying that shorter-term construction jobs would help county laborers and related tradesmen and their families, and that in turn would help fill the county’s coffers with sales tax revenue. We are not dismissing those as positive accomplishments. But development at the Hub needs long-term vision, and we don’t see the promised grand improvement in this unspecific plan. More of the same is not what Nassau County needs.CH: Get used to these articles because this is going to be par for the course from detractors leading up to the August 1st vote. Thankfully, no "formal" opposition has spawn yet. However, there are still very legitimate concerns outlined in the article that need to be addressed, such as the lack of information released so far. Charles Wang and County Executive Ed Mangano have stated details of the Coliseum plan will be released sometime this month. Expect those details to be scrutinized. While the County eagerly awaits these details, it's comments like the excerpted paragraph that show how close-minded some residents in Nassau County are. The Islanders signing a lease for thirty years with a new arena is a long-term vision for that site. A minor league ballpark is a long-term vision for that site. Smaller scale redevelopment of the rest of the site is sure to follow after construction is completed of the main components. Pushing this project through is exactly the opposite of what has been status quo at that site for years. It's time to bring Long Island into the 21st century.
AT: The Lighthouse would've been a great "long term vision" for the county that wouldn't have cost the town a cent. Housing, shopping, a new arena and a major tourist location. Wang didn't want this current plan, he just settled for it. He wanted the entire area redeveloped because he LOVES Long Island and wants his team to succeed. I honestly have to wonder sometimes if certain people just live to contradict others..
For more arena discussion, please visit our Vote YES campaign's Facebook and Twitter pages.
For a look at Nick Giglia's post today on Let There Be Light(House), visit his blog here.
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