Forest City Ratner files suit against Blumenfeld Development over Coliseum renovation


Christian Arnold, Islanders Point Blank:

Update: Forest City Ratner has filed suit against Blumenfeld Development Group. The suit alleges that BDG has tried to make “unilateral changes” to the Coliseum redevelopment plan, according to Newsday.

Forest City Ratner also alleges that the dispute has led to “delays and gridlock” in filing plans with the Town of Hempstead. Forest City officials do not believe the suit will hold up the time frame of the project, which is expected to begin in August.

However, a Long Island Business News report suggested that the suit could hold up the project for months. 

The disagreement stems from the retail and entertainment component of the project. Sources told LIBN that Forest City Ratner wanted to downsize that portion of the project to a third of what BDG had planned. The Blumenfeld plan included a 100,000-square-foot Bass Pro Shops mega-store, a Dave & Buster’s, Modells, an indoor trampoline park, a multi-screen movie theater and a several restaurants.

Ranter’s group wants to downsize that to area to a bowling ally, movie theater and restaurant. To read more of this story, click here


NHL has ‘no indication’ Isles will return to Coliseum someday

Christian Arnold, Islanders Point Blank:

Any indication that the Islanders could return to Long Island seems to be news to the National Hockey League.NHL: New Jersey Devils at New York Islanders

NHL Deputy Commissioner Bill Daley told Newsday on Thursday that “we have been given no indication by the Islanders, or by anyone else, that the move to Brooklyn is or will be temporary.” The comment to Long Island’s only daily newspaper comes a day after Nassau County Executive Ed Mangano publicly expressed hope the Islanders would return to the a renovated Nassau Coliseum in a few years.

The county executive announced during his State of the County Address plans to build the Islanders new offices and a practice rink Cantiague Park in Hicksville using private funding. That along with a revamped Coliseum is part of a plan by the county to try and draw the Islanders back east to the suburbs.

County executive Mangano hopes the practice facility “cement the Islanders in Nassau and provide hope, that we will witness the Islanders full-time return when they see the magnificent new Nassau Veterans Memorial Coliseum.”

Bruce Ratner, the developer and owner of the Barclays Center in Brooklyn, will be renovating the Nassau Coliseum and surrounding property once the Islanders leave after the season. Barclays Center will seat 15,795 people, but there remains concerns over obstructed view seating at on end of the ice.

A renovated Nassau Coliseum will sit a maximum of 13,000 people, well below NHL requirements.

Rather said in 2013 — during a press conference to announce the renovation of the antiquated Nassau Coliseum — that a return to Long Island would not likely be in the cards for the Islanders.

“At the end of the day this place will be beautiful and it’s going to be great for concerts,” he said. “But for a professional sports team to play here all the time you have issues with suits and boxes, and whole bunch of other things.”


County executive announces plans to build new corporate offices and practice rink for Isles

Christian Arnold, Islanders Point Blank:

The Islanders could be getting new offices and a new practice facility on Long Island, Nassau County Executive Ed Mangano announced during Wednesday’s State of the County Address.

The plan is to build the Islanders a new corporate office and practice facility at Cantiague Park in Hicksville. The announced plans come as the Islanders regular season begins to wind down. The team has only seven remaining regular home dates left at Nassau Coliseum, however there will be at least two more after that for postseason action.

The project will be privately funded, according to Newsday.

Mangano also addressed the planed renovation for the Nassau Coliseum that will take place after the Islanders leave for Brooklyn. The updated building will host several Islanders games, Nets games and minor league hockey. To read more of this story, click here


Bruce Ratner discusses Nassau Coliseum redevelopment

Christian Arnold, Islanders Point Blank:

When the Islanders finish the 2014-15 season they will vacate the Nassau Coliseum and Bruce Ratner, owner of the Barclays center and the man responsible for bring the Nets to Brooklyn, will redevelop the outdated arena. nassau

Ratner attended at a business breakfast at Eisenhower Park and spoke about some of the plans for the new Coliseum.

“It has the potential to be great again,” he said during the breakfast, according to’s Scott Clinco.

Details about plans for the venue have been scarce, but Ratner said, according to Clinco, that designs for the building are in the process of being finished. He also said that “he feels the arena will be one of the most beautiful in the world.”

The real estate developer also mentioned that ticket prices will include the price of parking and that — like the Barclays Center in Brooklyn — the new Nassau Coliseum will feature concession stands with a local flair. Ratner did discuss what content he plans to bring to the arena. Mentioned were concerts, six Islander games, college sports, Nets preseason games and an AHL team.

No specific AHL club was mentioned, though Ratner has discussed bringing the Sound Tigers to the Coliseum in the past. Moving the Sound Tigers would make the most sense to keep the Isles farm team close to the NHL club and keep a footing with the Long Island fan base.

The Nassau County Legislature approved Ratners plan for the Coliseum in September of 2013. Last month, a Barclays Center spokesman told Newsday that Ratner had submitted draft plans to the Town of Hempstead and will file a final application by the end of the year. 


Islanders Notebook: Financing details coming to light for Coliseum renovation

Christian Arnold, Islanders Point Blank:

Brooklyn Nets ownership is looking to combine assets with the ownership group of the Los Angeles Dodgers, according to NetsDaily.comNew-York-Islanders-Nassau-Coliseum

So what does this have to do with the Islanders? If Mikhail Prokhorov’s ONEXIM Sports and Entertainment and Guggenheim Sports and Entertainment Assets “merge assets” it will play a factor into how the renovation of the Nassau Coliseum is financed

From Nets Daily:

It’s possible for example that Bruce Ratner’s rehabbed Nassau Coliseum could fit into such a partnership.  It’s been reported that Prokhorov’s ONEXIM Sports and Entertainment is an investor in the Coliseum and that Guggenheim will help finance the $229 million project, which will get underway after the Islanders complete their season.

Bruce Ratner will remain in control of Barclays center, the Islanders home following this season, according to the report.

Andrew Barroway, the almost owner of the Islanders, is back in the news after a New York Post report linked him to investing in the Arizona Coyotes.

The Philadelphia hedge fund manager will purchase 51 percent of the team with IceArizona retaining a 49 percent stake in the team, according to the Post. As part of the deal Barroway would end his lawsuit against current Islander owner Charles Wang, who he says backed out of a deal to sell the Isles to him.

The Islanders were later sold to Jon Ledecky and Scott Malkin, which was approved by the NHL Board of Governors on Tuesday.

The Coyotes issued a statement acknowledging that the team was listening to offers from investors, but did not mention Barroway by name.

“In response to media reports today, the Arizona Coyotes can confirm that IceArizona has been in discussions with an unsolicited potential investor who is interested in joining the partnership,” the team said in a statement. “This should be viewed as an incredibly positive development and is due to the successful first year of IceArizona’s ownership. This is all about the long-term stability and viability of the franchise in Arizona. By no means are any members of the current IceArizona group departing the ownership. While there has been no confirmation of any transaction, this is something that the current ownership group is exploring.”


Barclays Center is not perfect, but can work for hockey

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Christian Arnold, Islanders Point Blank:

Brooklyn, N.Y. — It would be safe to say that, to many Islander fans, Friday’s preseason game in Brooklyn was more about seeing what the future home of the team will look like rather than scoping out the team itself. The venue was the topic of discussion for fans on Twitter and for fans in the building.

Barclays Center was not built for hockey. It would be hard to argue against that by any means.

However, to say that it is terrible for hockey would not be accurate either. The thing with Barclays Center is that it has its’ flaws, but it also has a lot of positives. The most obvious being that the building isn’t 43 years old. Nothing against Nassau Coliseum — it’s a building that is great for hockey, but lacks modern amenities and is literally falling apart.

To read more of this story, click here


Report: Isles Considered Leaving Early, Will Stay Put for ’14-15 Season

The Islanders are set to move to the Barclays Center in Brooklyn when their lease expires at the end of next season, the 2014-15 season. But, for a time, they bounced around the idea of skipping town a year early according to a report in yesterday’s Newsday.

The Islanders had preliminary discussions in recent months about the team leaving the Uniondale arena at the end of this season, the sources said, but the conversations never advanced and the idea was scrapped.

Deputy County Executive Rob Walker told Newsday that discussions never got to the County level. So, there will be one more go-around at the Old Barn on Hempstead Turnpike.

In April 2013, Point Blank reported that the Islanders were considering the possibility of leaving Nassau a year earlier than their lease required.