Field of Schemes
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September 28, 2004

Isles owner draws pretty pictures

New York Islanders owner Charles Wang yesterday unveiled plans for a $200 million renovation of the Nassau Coliseum that would add a ring of luxury seats and a new concessions concourse. And how would it be paid for, you ask? "Financial details," reports Newsday, are "sketchy," beyond an Isles exec saying it would involve "help from state, the county and Wang." And what about the plan for 70 acres of surrounding development, which would include - I swear I am not making this up, people - a 60-story lighthouse modeled after the Great Lighthouse at Alexandria? Says Newsday: "who will develop that area, how it will be financed, and whether zoning and environmental issues can be addressed remain uncertain." But, hey, pretty pictures!

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