Nassau considers new lease with Islanders

(AP) - A New York official has proposed a newlease that would keep the Islanders hockey team at Long Island'sNassau Coliseum until at least 2030.

Nassau County Executive Tom Suozzi's proposal still requiresapproval from several layers of local government.

It also is contingent on Islanders' owner Charles Wanggetting approval to develop 77 acres in and around the NassauColiseum.

Wang envisions a $3.8 billion development of retail, office andprivate housing at the site. Included in that is a $320 millionrenovation of the Coliseum, which Wang says he will finance.

He needs the approval of Hempstead town officials to proceedwith the development, but they have been cautious in theirdeliberations. The Islanders' current lease expires in 2015.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."