NEW YORK (WLNY) — The future of Uniondale’s Nassau Coliseum will move one step closed to a decided future next month.

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That’s when a panel of Nassau County leaders will select one of four plans that will determine what the revamped arena will look like.

Jay-Z, the Yankees and developer Bruce Ratner all joined forces to come up with one of those plans. Ratner joined us on The Couch alongside Randy Levine, president of the New York Yankees to talk about their idea for overhauling the event venue.

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“We’re planning to redo the whole thing. It needs a redo. It’s 41 years old. Doesn’t look good, not good when you’re in it. You really need to pick a team that’s going to completely redo it,” said Ratner.

“It’s got to look beautiful, iconic. Because there are 3 million people that live on the Island, and they’ve gotta have a  place – whether it’s entertainment, whether its sports – they’ve gotta have a great place. And we’ve put together an incredible team.”

Randy Levine, who grew up on Long Island, said a recent trip to Nassau Coliseum reaffirmed what his team would need to do to with their proposal for the venue.

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“The cost of tickets, the quality of service – you can’t have warm beer and cold hot dogs, you can’t have waits anymore,” he said. “It broke my heart. You can’t afford to fail.”