Crease
Chief Justice of the HFNYR Court
- Jul 12, 2004
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The notion of the Islanders potentially building a new arena in Willets Point (next to Citi Field and the National Tennis Center) has been kicked around a while now, most recently last summer.
Today, Bloomberg reports those talks have started up again. Dolan, interestingly enough, is involved:
This is kosher by the way:
In another example, AEG owns the Kings and partially owns T-Mobile Arena in Las Vegas.
https://www.bloomberg.com/news/articles/2017-02-24/ny-rangers-owner-dolan-said-to-back-new-home-for-islanders
Update: Misread the article. The new focus is on Belmont, not Willets Point.
Today, Bloomberg reports those talks have started up again. Dolan, interestingly enough, is involved:
The new arena proposal is a joint venture between the Islanders, Oak View Group and Sterling Project Development, said the people, who asked to be anonymous because the talks are private. James Dolan’s Madison Square Garden Co., which controls the Rangers, long the Islanders hated rivals, is an investor in Oak View Group, the private equity group run by Tim Leiweke and Irving Azoff. The Wilpon family, which owns the Mets, controls Sterling Project Development.
This is kosher by the way:
NHL rules permit the owner of one team to have a stake in another club’s arena.
In another example, AEG owns the Kings and partially owns T-Mobile Arena in Las Vegas.
https://www.bloomberg.com/news/articles/2017-02-24/ny-rangers-owner-dolan-said-to-back-new-home-for-islanders
Update: Misread the article. The new focus is on Belmont, not Willets Point.
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