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11-20-2012, 09:00 AM
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Steve55 posted the article below on the Isle board.

I was scratching my head over WHY Ratner would become an advisor to Nassau County pols, in their attempt to develop the Coliseum land. Steve55 pointed out, that Ratner will be trying to help the isles get out of their current lease early.

Sources: Ratner to play key role in Coliseum's future
Updated: Nov 20, 2012 09:36 AM

Nassau County Executive Edward Mangano will announce Tuesday that Ratner will play a strategic role in developing an entertainment facility at the Coliseum, the centerpiece of the Hub site, the sources said. Donald Monti, of Renaissance Downtowns in Plainview , will be designated as the master developer on the rest of the property, beyond the arena itself, the sources said.

Wang introduced Ratner to Mangano in recent weeks, a source close to the situation said. Wang has a lease to play all Islanders home games at the Coliseum through June 2015 and also owns the Long Island Marriott Hotel and has an easement giving him control of the property between the hotel and the arena.

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