NEW YORK (CBSNewYork/AP) — An affiliate of Forest City Ratner has been selected to oversee a $229 million renovation of the Nassau Veterans Memorial Coliseum.READ MORE: Harden's Triple-Double Helps Nets Top Murray, Spurs
Nassau County Executive Ed Mangano made the announcement at a press conference Thursday.
Nassau Events Center, LLC was picked over the Madison Square Garden Co.
The selection is expected to accelerate the long-stalled process to renovate the aging arena. Mangano said developer Bruce Ratner’s group would transform the arena and its plaza “into an attractive, first-class destination for family fun, sports and entertainment.”