12:25 pm - Point Blank has learned that Tom Suozzi plans to announce the execution of a lease between Nassau County and Charles Wang and Scott Rechler for the Lighthouse Project in the coming week.

A press conference with the Nassau County Executive and the developers of the Nassau Veterans Memorial Coliseum property could take place as early as Tuesday. At the latest, it will be on Friday - the day before the Islanders open the 2009-10 season and the day before Wang’s deadline for answers from the Town of Hempstead.

With approvals from state and county agencies - such as the Department of Transportation and Department of Public Works - and now an executed lease for the property from Nassau County, the fate of the Lighthouse Project (and the Islanders) would be completely in the hands of Hempstead Supervisor Kate Murray and the Town board.

NOW WILL IT HAVE THE POINTS MURRAY WANTS TO SEE ADDRESSED?
COULD A RE-WRITE BE IN THE WORKS TO MAKE EVERYONE HAPPY
THEN WE COULD ACTUALLY MAKE THE TEAM PRIORITY #1 AGAIN
:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

Tom Suozzi on paper (if what Mr Botta was told is correct) is circumventing (on paper only) the process because the TOH zoning vote has to come first regardless and that's a good thing for Islander fans in this instance.

Suozzi-Wang-Rechler can announce their lease agreement next week (and it's good PR and many will report pressure on TOH) but here's the real time all Islander fans should be most concerned of all.

If Nassau legislature (which has nothing to do with Murray/TOH nor do they have any vote or control at all here) decide not to approve Wang-Rechler-Suozzi lease whether it be 120 days max to decide or immediately it means Wang's Islander lease is terminated now.

He can move the club, his lease over.

But that's only on paper because that lease killing step still means absolutely nothing regardless before TOH votes on zoning approval.

If TOH reject zoning whatever Nassau decided in terms of approving or rejecting Suozzi-Wang-Rechler lease still means absolutely nothing, Wang's lease is still enforceable.

Where it gets interesting/tricky is if Nassau rejects Suozzi's lease and makes it public and TOH knows it up front. They could approve LH zoning just to be rid of Wang the Isles and the LH. Or they can reject it and Wang's stuck in his Islanders lease until 2015.

Nassau County approval all the way back to the 2006 MOU was very sketchy at the time, some made it clear they would not approve this later on but did back then.

This agreement when it's announced is no slam dunk for Nassau approval, some will see it as applying pressure on TOH but it could be because Suozzi promised he would complete a lease and also it could be so Nassau rejects it and gives Wang his out up front regardless of the pending TOH vote.

In that case all hockey fans will want Kate Murray/TOH to reject zoning so Wang is still stuck in his lease if Nassau voted down the lease.

http://blogs.trb.com/sports/hockey/islande...g_intervie.html
This is the process discussed in Newsday earlier this year where Wang is asked about his Nassau lease and the out clause.

Our future in Kate Murray's hands? :rofl:

I'm going to go buy a Sabres jersey...brb.

In essence yes but perhaps the opposite way.

If on paper TOH/Murray know Suozzi's lease was rejected in advance by Nassau legislature and by TOH/Murray approving zoning it means there is still no LH and Wang is only out of his lease it gives Murray a chance to hold Wang to his lease by rejecting the plan.

It's also her chance to clear the deck, be rid or Wang-Rechler the Coliseum and the Islanders in one shot (if Wang did sell) and get in something TOH does want that makes money for them there.

Strange strategy by Suozzi unless he knows he has a yes vote from Nassau already and it's to directly put pressure on Murray for zoning approval, that's what we all hope for.

But if he knows Nassau (beyond Suozzi) want no part of giving Wang-Rechler a 99 year lease he kept his promise to Wang and did a lease with him and politically did what he promised.

I agree. Oh, and that sabres jersey thing was a joke.

Is this legit or a cruel joke??

Cuz why would Nassau County and Wang sign a lease for the property when the situaiton with ToH is up in the air??

Can someone please explain.

I found out this morning that the press conference will be at noon tomorrow (Thurs). That should start a fire under murray's butt.

Need a barnfire with her

Bettman just announced on NHL Live that he'll be at the Coliseum for the home opener on Sat Night.

Interesting.......

:letssee:

eh not really....he's prolly there to do a season kick off announcement or something because the cup champs are in town. JT's debut may play a small part as well

:rofl:

GMTA

check out my entry in LIVEWIRE thread.

:cheers:

I saw that Steve... get outta my head already would ya :lol:

Quote from today's Newsday article that I found to be exciting:

http://www.newsday.com/long-island/nassau/...-2030-1.1489957

Is that the current lease they are under and we've been lead to believe that SMG gets all that money and not the Isles, or is that what the proposed lease was for the Lighthouse project back in 2005 and never implemented?

:dontknow:

We need to know.

I'm 95% sure the 2005 lease they are referring to is the one that was never implemented because of the bid process at the beginning of the LH proposal.

We continue to be held to the lease signed way back when that includes SMG.

Now here's a question, as soon as the lease is signed, does this deal go into effect? So if it is signed next week, for example, does Wang start receiving all moneys from tickets and parking for this season?

If it's true that a new lease negates any current lease, then I think it should.

I just read the article and I had the same question as Webby. Following the far-more-informed-than-me fan comments on these boards the last few years, I was under the impression that SMG pretty much owned us, and that the LH itself was the ONLY way to get profit back to Wang since he's limited under that contract.

If that's not the case, I wanna know how I misunderstood this situation so much for so long.

But the article didn't really excite me so much as caused me to again start wondering what the counter-proposal from the ToH was going to be. After all Schmitt is right on here. The word forever might be a bit dramatic, but it's pretty accurate:

"I want questions asked and answered to make sure it's prudent for the future to serve everyone's needs," said Schmitt, who had not yet been briefed on the new lease's contents. "This is supposed to change our footprint forever."

not for nothing, but if Wang was already getting money from the concessions and the parking, I don't think the sushi concession would ever be closed and there would be more than one of them. B)

I'll check today, but that was the proposed lease.

Newsday Headline: NYI Hire Racist "Blog Boxer" :goofy2:

:blink:


nope. they closed down the sushi because of Jeremy Piven.

:yea:

Just one more quote to hone in form todays Newsday article....

I know Wang and Rechler keep preaching how wonderful this project is for the economy etc.

But for a project that size to only offer up 1.5 million a year is a joke while they want their tax breaks on top of it. But hey, that's business yes? they are offering up their money.

I think it's small details that the crooks on both sides need to continue negotiating on till their respective spins are brought to a halt so they can get a shovel in the ground on some sort of scaled down version that works for everyone.

Either way, our Isles are not moving.

so all the guys can make fun and politically incorrect comments all day long and everyone laughs. I make a valid point and you f-ing call me a racist?

:angry:

oh never mind.

Who's better than you 7th!

hey, our making fun and politically incorrect comments ARE valid too.

And you are def not a racist.

I think he was joking.

:dontknow:

My name's Francis, but my friends call me Psycho. Any of you call me Francis, and I'll kill you. And any of you touch my stuff, and I'll kill you. And any of you "homo's" touch me, and I'll kill you.
-Francis


Lighten up Frances.
-Sgt. Hulka

http://www.youtube.com/watch?v=LrllCZw8jiM

4CUPZ is our big toe.

Asking my buddy Glenn Beck about this...

:thumbsup: :yea:

C'mon, Zep gets his point across with smiley's wtf?!

Haha, of course I was joking. Probably only funny to me, since I think it's ridiculous that the word racist gets thrown around way too much.

Anyway, sorry for the contraversy. :goofy2:

LIKE THE WORD ICON

John Winger: C'mon, it's Czechoslovakia. We zip in, we pick 'em up, we zip right out again. We're not going to Moscow. It's Czechoslovakia. It's like going into Wisconsin.
Russell Ziskey: Well I got the sh!t kicked out of me in Wisconsin once. Forget it!

Good god. This woman is sheer torture.

http://www.newsday.com/blogs/sports/isles-files-1.812028

This is why you DO NOT promote a friggin intern to cover a major sports team unless you really want to stick it to a fanbase.


Thanks Newsday, thanks alot.



Tweet this. ya ----

Who thinks Kate will approve the project as is without scaling back?

Cholly don't budge.

Doesn't look good.



NO SLEEP TILL BROOKLYN............OR QUEENS!


:disgraced:

I'm so confused...

about this or just in general? :P

http://www.youtube.com/watch?v=T12wRBAhcTY

Uncle CUPZY? :blink:

Thank you you made me feel so much better. Let me get this straight...this lease ensures that if the Lighthouse is approved we have to stay until 2030?

WANNA STAY CONFUSED
GO FIND OUT WHAT HAPPENED TO THE 99 YEAR LEASE

DOES THIS MEAN CHUCK MIGHT STILL BE ALIVE TO SEE A PROFIT :dontknow: :P B)