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ISLANDERS GET THEIR GOAL : State board OKs $1.3B Belmont arena complex

Aug 09, 2019 - Newsday (New York)
Mergers and Acquisitions-Company Splits/Spinoffs

The state board responsible for economic development on Thursday unanimously approved a $1.3 billion arena and entertainment complex to be the new Nassau County home of the New York Islanders.

The six members of Empire State Development voted just after 5 p.m. for the Islanders' plan following a two-hour meeting in Manhattan that included public comment from residents, civic groups and lawmakers. All but two speakers supported the project.

New York Arena Partners, the project deve...