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Jay-Z Part Of Group Trying To Renovate Nassau Coliseum

MINEOLA, N.Y. (CBSNewYork/AP) — Jay-Z continues to take on new ventures.

He is part of a group trying to renovate Nassau Veterans Memorial Coliseum outside New York City.

The rapper and music mogul attended a meeting Thursday on Long Island, where the media was briefed on four proposals to renovate the arena and surrounding property.

Nassau County officials have been trying to come up with a plan to redevelop the 40-year-old arena for many years. The New York Islanders are its primary tenant, and they are moving to Brooklyn in 2015.

Jay-Z's Roc Nation is part of a group that built the new Barclays Center in Brooklyn and is bidding for the Long Island project.

He took photos with Nassau County officials but did not speak during the 30-minute presentation.

County officials are expected to decide on a plan this summer.

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