Islanders Owner Charles Wang Discusses Proposed Arena On WFAN

NEW YORK (CBSNewYork) – The fate of the long-term future of the Islanders will likely be decided on Monday. That’s when Nassau County residents will vote whether to support a $400 million bonding project to rebuild the Nassau Coliseum.

Owner Charles Wang has been trying to secure a new arena for his team to play for years.  He joined Mike Francesa on Tuesday to address the plan.

Listen: Charles Wang with Mike Francesa

The Islanders believe the proposal, which includes a new arena to be constructed at the Nassau Coliseum site as well as a minor league ballpark, will generate 4,500 jobs and $403 million in profit for tax relief for Nassau County residents.

If the plan is voted down many expect the Islanders to move.

Extra:  Capellini: Youth Of Nassau County, Save Islanders And Part Of Next Gen’s Future

Local democrat majority leader Jay Jacobs has been the biggest foe to the plan. He joined Francesa earlier in the afternoon.

Listen: Jay Jacobs with Mike Francesa

Early indications are that the vote is going to be very close.

Are you in favor of the new arena? Opposed? Leave a comment below.

Comments

One Comment

  1. Beach Sue says:

    I just paid $22.87 for an iPad2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $675 which only cost me $62.81 to buy. Here is the website we use to get it all from, MetaCent.com

  2. Lawn-Guy Land says:

    The history of public sports financing shows quite clearly that Wang WON’T pay back anything. He DOESN’T INTEND to pay back anything. The County will let him “forget” to pay it back, or else let him first deduct every expense he’s ever had in his life.

  3. andy says:

    I h;eard mr. wan’g interview on wfan–a smokescreen—time and again, studies have proven taxpayer subsidies for millionairs ithe taxpayer ALWAYS loses in the long run–who has money to go to a rock concert–Wang said tickets would be in the $50 range—who is he kidding—no one has disposable income anymore–he knew what he was buying into–VOTE NO—

  4. BOB says:

    NO NO NO NO NO NO THIS PLAN IS FUST BAD FOR ALL

  5. vOTE yES OR YOU WILL BE SORRY says:

    VOTE..YES…YES..YES..YES..YES.YES…YES…YES..YES…YES….YES…YES… YES….YES…YES …..YES…..YES…YES

    I DON’T HAVE THE TIME OR PATIENCE TO EXPLAIN THE EXTRAORDINARYLY OBVIOUS BENEFITS TO THE GALLANTICALLY STUPID OR TO THOSE THAT JUST HAVE POLITICAL AGENDAS TO SATISFY DISFUNCTIONAL POLITICAL PARTIES – ..PULL UR HEAD OUT OF UR ASPS AND STOP TRYING TO RUIN THE FEW GOOD THINGS THAT WE STILL HAVE LEFT OR SHOULD SAY WORTH HAVING HERE THE ISLAND…..VOTE YES…YES….YES…YES….YES….YES…YES

    1. Lawn-Guy Land says:

      All benefits will go to Mr. Wang. He’ll never pay anything back, he doesn’t intend to pay anything back, and the County won’t be able to take more tax dollars from NYC to make up for it.

  6. Kevin Tiernan says:

    Yeah Mike!
    As a resident of Nassau County you legitamately stated a broad view about the true countenance of the vote! $58.00 dollars per home. A brand new state of the art diverse arena that will create tens of thousands of temporary jobs as well as x amount of long term ones. NASSAU COUNTY ROCK THIS VOTE!

  7. ads13072 says:

    People are voting No over 13 dollar?!?!?. Ok so Vote No. to save your 13 dollars a year. Now when your family of 4 has to travel to MSG or Brooklyn to go see something, you are now paying $60 or $70 dollars on transportation alone. By my calculations that is 4 1/2 or over 5 times the amount you would have paid over 1 year that you just paid. PLus, the County will lose close to 300 MILLION dollars when the Coiseum closes. Where do you think they will get that missed money from? To vote NO on this is just a trevsty!

  8. t. schwerdtfeger says:

    Wang wanted to build the new arena, but TOH stopped him. Just answer one question, how much will your taxes go up when you lose the Arena?

  9. Adam says:

    Mike M. I just don’t get how you could oppose this. Blows my mind. This county is Horrible!!! What have you received for all your tax money u have received?? Sorry but the guy driving a truck to pick up my garbage shouldn’t be pulling in 100g. Sorry but a family elected official spoon fed a job shouldn’t earn 105g. Where are u questioning this. 13.80 a year increase and u want to vote no. Gee. Wonder why Nassau blows. Beside of people like u. No forward thinking. Pathetic really!!

  10. VOTE YESSSSS says:

    You really think 100’s of dollars a year in tax increases is better than 13 dollars year mike M? wang offered a 3 billion privately invested overhaul of the area and it was shut down.

  11. g says:

    this guy Jacobs came across as a dope.
    PSL’s? really, that’s you’re answer? What an out of touch rich politician with no finger on the pulse and clearly overpaid if he can afford the Giants PSL’s himself…..dope.

    1. Mike Lema says:

      Unfortunately we are not Nassau County Residents and are unable to vote, but being DIED IN THE WOOL ISLANDER FANS do not want to see our team leave Long Island. Tax increases are inevitable no matter what, so please Nassau residents, think this over carefully, and keep in mind all of the construction jobs that will open up.

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