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Rechler sells hotel in Lighthouse deal back to Wang
Quick ReadScott Rechler has quietly sold back to Charles Wang the Marriott hotel at the heart of the stalled Nassau Coliseum redevelopment project, records show.
Photo credit: Newsday/Photo by Howard Schnapp | Hempstead: New York Islanders owner Charles Wang with his business partner Scott Rechler during a zoning hearing for the Lighthouse Project on Tuesday, September 22, 2009 in Hempstead, New York. (Photo by Howard Schnapp)
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An in-depth look at the Coliseum project
The high-megawatt Lighthouse team of Charles Wang and Scott Rechler has lost a few of its sparks.
Rechler, the RXR Realty chairman who brought the smooth negotiating skills of a third-generation developer to the partnership with the hard-charging New York Islanders owner, has quietly sold back to Wang the Marriott hotel at the heart of the stalled Nassau Coliseum redevelopment project, records...
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