Mangano to make Coliseum announcement Thursday
Nassau County Executive Edward Mangano Thursday will name a developer to overhaul the Nassau Coliseum after postponing the announcement because of the shooting of a county police officer.
Mangano has scheduled an 11:30 a.m. news conference to announce whether the Madison Square Garden Company or Forest City Ratner Cos. will win the contract to renovate the Coliseum and the 77 acres surrounding the arena. Company officials said Wednesday that they had not been informed of the decision.
Mangano was expected to make the announcement Wednesday but delayed the decision "out of respect" for Third Precinct Police Officer Mohit Arora, who was wounded when responding to a home invasion burglary call in New Hyde Park.
Forest City Ratner's $229 million proposal calls for a renovated 13,000-seat arena, a 2,000-seat indoor theater, an outdoor amphitheater, restaurants, an ice-skating rink, a bowling alley or movie theater, and retail.
MSG's $250 million plan calls for a renovated 14,500-seat arena and an entertainment complex with restaurants, an Islanders-themed sports bar, bowling and billiards.
After choosing between MSG and Ratner, Mangano will submit the contract to the county legislature for approval. The Nassau Interim Finance Authority, a state monitoring board that controls Nassau's finances, also must approve the contract.
The Dolan family
owns a controlling interest in MSG and Cablevision, which owns Newsday.