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Lighthouse's Wang, Rechler: No more negotiating

Originally published: October 1, 2009 1:18 PM
Updated: October 1, 2009 9:52 PM
By RANDI F. MARSHALL AND EDEN LAIKIN.  randi.marshall@newsday.com,, eden.laikin@newsday.com

Quick ReadIf the lease and zoning plans are approved, Wang and Rechler would do a $320M renovation at no taxpayer expense.

Aerial view of Nassau Coliseum and surrounding area.

Photo credit: NEWSDAY / Jim Peppler | Aerial view of Nassau Coliseum and surrounding area.

Lighthouse partners Charles Wang and Scott Rechler said Thursday they are no longer willing to change their plans to develop the land around Nassau Coliseum.

"This is not the point to start negotiating anything," Wang said Thursday, five years after unveiling the project. "It's yes or no."

Even amid the fanfare of Thursday's agreement on a proposed lease between the developers and Nassau...

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