Tuesday, August 13, 2013

Mangano To Choose Coliseum Developer Tomorrow

According to Newsday, Ed Mangano who had been deciding between MSG and Forest City Ratner for the development of the Nassau Coliseum is expected to announce his decision at a press conference tomorrow morning at 11:30 am.

On Thursday, there will be another press conference from the Coliseum with the winning bidder.

Following a winner being chosen, the Nassau County legislature will need to approve the contract between the developer and the county before anything could be started.

According to the article, it appears that the developer who chose to give more to Nassau County will be announced as the winner because of Nassau Countys current poor financial situation.


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