Forest City Ratner gets $229M Nassau arena renovation job
MINEOLA, N.Y.— A decade-long effort to renovate an aging and dilapidated suburban New York sports arena moved a step closer to fruition on Thursday when officials chose the company that recently opened Brooklyn’s Barclays Center to redevelop the Nassau Veterans Memorial Coliseum and its surrounding 77-acre property.
The selection of Nassau Events Center, LLC over the Madison Square Garden Co. for the $229 million job was announced by County Executive Edward P. Mangano following a months-long competition that initially involved four bidders.
The announcement comes nearly a year after the coliseum’s primary tenant, the National Hockey League’s New York Islanders, said the team would move from the coliseum to the new Barclay’s arena after the 2015 season.