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The effort between the New York Islanders and Nassau County to keep the Islanders where they belong...

The effort between the New York Islanders and Nassau County to keep the Islanders where they belong started back in 2003. Given the financial position of the County, the Islanders developed a plan to fund the transformation of the Coliseum. This plan, which came to be known as the Lighthouse, included additional development necessary to fund the construction and other expense of a new home for the Islanders. While we have not yet had the time to review the "new vision" just released by Supervisor Murray and the Town of Hempstead for the redevelopment of the Coliseum site, it does not appear to achieve the goals of the County and the developer. Without this, the Town of Hempstead’s "new vision" looks to be economically unviable for both the developer and owner of the site.

The full joint statement from the Lighthouse Development Group and Nassau County Exec. Ed Mangano, preserved here for posterity and the what-not.

Jones Lang LaSalle, the project management company for the upcoming $500 million renovation of...

Jones Lang LaSalle, the project management company for the upcoming $500 million renovation of Madison Square Garden, has begun work on a feasibility study for an Islanders arena at Willets Point -- the property surrounding Citi Field, the second-year home of the Mets.

>>A discussion-worthy bit from Chris Botta at FanHouse. Update: Katie Strang's source contradicts the story. The story says it's the Mets owners initiating the study here, but any bit of Plan B action is a nice sign. The MSG renovations JLL is managing look pretty sweet in this compilation at Blueshirt Banter. (Of course, money always buys you nice furniture, doesn't it?)

Actually, things may be more serious than that. Talk among NHL insiders is that the Islanders are...

Actually, things may be more serious than that. Talk among NHL insiders is that the Islanders are now in deep financial trouble. Some are worried Wang may be the next NHL owner to toss the keys to the franchise to Bettman and say he is finished paying for losses in excess of $20-million (U.S) every year.

David Shoalts, Globe & Mail, discussing six franchises that supposedly need advances on revenue/TV money. Just passing it on as FYI, as "talk among insiders" is, well, talk. Lot of couched language there. But once it's in the G&M, you know people will be citing it.

The plan would include a resort and casino with a new arena for the Islanders. "My administration...

The plan would include a resort and casino with a new arena for the Islanders. "My administration has been in discussion with the Shinnecock Indian Nation with respect to Nassau Coliseum being listed as a site for an entertainment destination center and casino," Mangano said in a statement Tuesday.

>>From a Newsday [sub.] update on Nassau Coliseum site plans. Mangano is going to "call Wang" to discuss. On the one hand, um, I guess casinos saved the Penguins! On the other hand, casinos as development-boosters are the resort of desperate communities. Is Nassau County really so desperate? Cough.

"And finally, know this: Brooklyn is very much in play. Queens is very much in play, although...

"And finally, know this: Brooklyn is very much in play. Queens is very much in play, although it’s a close second to Brooklyn now. Suffolk is not a serious option. The Islanders will not leave the New York metropolitan area during this generation or the next one."

>>from Chris Botta's latest assessment of the Lighthouse Project. Just thought that was worth capturing and sharing with followers of other teams. Here's hoping...

Rechler said there was "some sound, legitimate questioning" on the impact of the redevelopment...

Rechler said there was "some sound, legitimate questioning" on the impact of the redevelopment plan, but he said board members also spent hours debating the project’s traffic consultant, even though the methodology was backed by the Nassau County Department of Public Works. "You had amateurs arguing with experts," Rechler said.

Impression of the Lighthouse Project zoning hearing from Scott Rechler, Charles Wang's real estate development partner in the project.

Know this: over the last two weeks, the lead agency (the Town of Hempstead) and the developers...

Know this: over the last two weeks, the lead agency (the Town of Hempstead) and the developers (Wang and Scott Rechler) have received green lights from the New York State Department of Transportation, the Nassau County Department of Public Works and the Department of Environmental Conservation. And yet, the Town of Hempstead wants to sit on the Lighthouse Project like George Costanza of "Seinfeld" taking his time with the Penske File.

Town of Hempstead, up to its usual. Chris Botta with the astute analysis.

"... For seven years, Charles Wang has committed himself, both emotionally and financially to...

"... For seven years, Charles Wang has committed himself, both emotionally and financially to keeping the Islanders here ... I am a native Islander, and I support the Lighthouse project. And I don't believe there is any place that the Islanders should be playing but here on Long Island."

Gary Bettman at today's Lighthouse events, eliciting an ovation rarely heard outside of NHL Board of Governors meetings.

"Wang came away very optimistic with the events of today, satisfied that he was able to speak to...

"Wang came away very optimistic with the events of today, satisfied that he was able to speak to Murray for the first time since January. He looks forward to meeting Friday with Murray, Suozzi, and Rechler at Suozzi's office. But he made one thing clear: the October deadline has not changed."

>>From Jim Baumbach's extensive Newsday live blog of the Lighthouse meeting today. More reaction/coverage links to come tomorrow.

Kate Murray did not show up for a planned meeting with Wang and Democratic county leaders recently,...

Kate Murray did not show up for a planned meeting with Wang and Democratic county leaders recently, but she had time to hire her 83-year-old father for a $40-an-hour part-time job in the town attorney’s office. With priorities like that, it is hard to imagine keeping the Islanders.

>>George Vecsey in a reflective 'Sports of the Times' column that is both interesting and annoying. We've seen this version from many ex-Islanders fans. It goes like this: "I have nostalgia for a bygone era, and because that era is gone and I am older, just let the franchise go rather than replenish it." This happens a lot when something isn't as hot as when it came out. People who have lost interest would rather put their memories in a cozy, closed time capsule rather than watch others keep the thing alive in an imperfect state that doesn't live up to their memory of the golden years. I'm sorry there can never be another dynasty, but you can exit the bandwagon at any time without advocating its demise.
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