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Islanders Franchise More Valuable in Brooklyn, but by How Much?

Brooklyn is getting a hockey team, you may have heard, which may be good or bad for the borough, but is almost definitely a good thing for the New York Islanders franchise, which will escape the 40-year-old Nassau Coliseum.

“Once they’re in the Barclays Center, the asset is going to be much more valuable,” said Peter Bynoe, chief operating officer at Loop Capital Markets and a former owner of the Denver Nuggets, at a panel on sports mergers and acquisitions at the Bloomberg Dealmakers Summit at the Pershing Square Signature Center today. Read More

Suozzi: How to Save Suburbia

The Nassau Veterans Memorial Coliseum is a sports and concert stadium. That’s it.

Gubernatorial candidate Thomas Suozzi, who is the Nassau County executive, wants to create an economic powerhouse around the Nassau Coliseum’s 77-acre expanse. How? The standby answer. High-rises, anchoring a giant mixed-use development.


The Residences at the Nassau Coliseum, drawn Read More