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Ratner's Plan For Nassau Coliseum To Host Six Islanders Games Could Face Challenges
Published May 15, 2013
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THE ISLAND LIFE FOR ME: Ratner this morning appeared on CNBC's "Squawk Box," where he discussed his bid for Nassau Coliseum. He noted the venue needs a "lot of work," but he wants it because of "live content." Ratner: "You have Nassau and Suffolk County, 3 million people, and they're some of the richest counties in the country. You've got 3 million people and you can't duplicate an arena location. So now you have an arena that's old and tired and you've got to change it. How do you change it? Architecturally, you've got to make it look spectacular on the outside and the inside." The project will cost about $230M for the "inside, the outside, and it also includes doing restaurants, doing an amphitheater outside, doing a club outside because those kind of uses go very well with an arena" ("Squawk Box," CNBC, 5/15).