Thursday, September 29, 2011

Mangano to seek state funds for Coliseum/"hub" redevelopment aid!!

According to Newsday, Nassau County Executive Edward P. Mangano met with Governor Andrew Cuomo in Albany today to discuss possibly trying to acquire some state funds to help with the redevelopment of the Nassau Coliseum & surrounding area. The article speculates that state aid plus private financing could provide enough money to get something done. The article says we will find out in December which project(s) are going to be awarded aid by the state.

I mean, this is a valiant effort I guess to try & do something. However I won't hold my breath on the Coliseum project getting any money. Plus even if they get some it won't really put much of a dent into costs because they'd be splitting from $200 million. It'd surely be nice though!! We will see what happens, I hope so much that we get a resolution on this much sooner rather then later.

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