HEMPSTEAD - One day after officials announced the Islanders would move to Brooklyn, many are wondering whether the Nassau Coliseum can survive without a professional sports franchise.

Nassau County Comptroller George Maragos says concerts, conventions and other events are far more profitable than hockey games. But he admits the Coliseum in its current state probably won't draw big name acts. He says the county must come up with a new plan to replace or refurbish the arena. Real estate developer Jack O'Connor thinks Nassau County should sell or lease the property to generate tax revenue. He says the current building should be torn down and replaced with a mixed-use development project.

There have been two major plans to redevelop the Coliseum and surrounding property so far, but both failed. County Executive Ed Mangano is expected to announce another plan for the area next week. Meanwhile, the Islanders will stay put until they move to Brooklyn in 2015.

LIers fear the Islanders will take business with them