Friday, July 12, 2013

Finalists Selected in Redevelopment of Nassau Veterans Memorial Coliseum

Property Tax Reduction Consultants
125 Jericho Turnpike, Jericho, NY 11753
516-484-0654 or 631-484-0654
www.PTRC.com

Madison Square Garden Company and Forest City Ratner are the last standing potential developers for the reconstruction of Nassau Coliseum. Contracts regarding negotiations, developmental plans and final offers will be due in mid August.

After that the Nassau Country committee will recommend one contract to Nassau Country Executive Ed Mangano who will then distribute the final contract to the state Legislature.

MSG Company developmental plans consist of a 14,500-seat arena with a 150,000 square-foot entertainment complex along with an Islanders themed sports bar. While Forest City Ratner proposes an arena holding only 13,000 but featuring an outdoor amphitheater, bowling alley and ice skating rink, and holding minor league sports at the arena.

Mangano predicts the Legislature will come to terms some time between late August and early September.

For more information on the development proposals of Nassau Coliseum CLICK HERE


For more information concerning property tax reductions concerning the Nassau are please visit Property Tax Reduction Consultants at http://ptrc.calls.net/

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