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Firm: Nassau loses big if Islanders move

New York Islanders owner Charles Wang at a

Photo credit: Howard Schnapp | New York Islanders owner Charles Wang at a bill signing ceremony where the County Legislature passed a law allowing residents to vote on the County Executive's Economic Development and Job Creation Plan for the Nassau Coliseum redevelopment at a public referendum to be held on August 1. (May 31, 2011)

Nassau County's economy could lose $243.4 million annually if the New York Islanders leave the region after the club's lease at Nassau Coliseum expires in 2015, according to a new report from the county's economic consultants.

If the Coliseum were to shutter, it also would take with it 2,660 jobs and nearly $104 million in annual earnings, said the report, expected to be released Monday. Nassau...

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