With the referendum rejected, Nassau County Executive Edward Mangano put out a plea for private developers to submit proposals for a revamped Nassau Coliseum. Nassau taxpayers expressed their dissent when they rejected Wang’s proposed tax hike to fund the Coliseum’s renovation and now Mangano is hastening to find another, privately funded, alternative. Despite his disappointment,..
As commercial real estate market takes a (very) slow turn for the better, its impact on the US economy is thrown into sharp relief— and its effect has been pretty substantial. A reported $80 billion attributed to commercial real estate has been lost (yikes!) to commercial banks and nearly 1,200 of those banks at the..
The bulb in Project Lighthouse has experienced quite a few sparks since its original proposal a few years ago, but it looks as though the fire that once kept the idea alive is slowing burning out. Most recently, Nassau County exces and the Islanders announced that residents would hold a vote for taxpayer funding. The vote..