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This has been a question mark too long.
Nassau Coliseum needs to be replaced. Everyone knows it and no one wants to do anything about it. Nothing plausible, anyway.
Far be it for me to tell anyone how to spend their money, but maybe it's time for Charles Wang to build his own arena. If he does, he will control it all. Granted, he will have to purchase a parcel of land from the county that the arena will sit on, but it's a worthwhile endeavor in a county starved for jobs.
If Wang foots the lion's share of the cost on an arena, he will own it and control it. If the Islanders are indeed losing as much money as he says—somewhere in between $20-30 million a season—the arena will pay for itself over a period of about 15 years and then become a cash cow.
I'm sure the state and county would kick in some money to limit Mr. Wang's exposure on the project, maybe even throwing in tax breaks and other incentives just to get the damn arena done already.
Enough with this Brooklyn Queens Kansas City crap. Get the deal done. Call it the Wang Coliseum. I do not care, I am just sick of the waiting.