In 'Nassau Live Center' the temporary words on Islanders' Coliseum ice logo , Newsday reported 1/19/21 that the name Nassau Live Center now surrounds the team logo at center ice, though it will eventually read "Nassau Live at Nassau Veterans Memorial Coliseum." That's because the naming rights holder, New York Community Bank, withdrew. Per Newsday: Nassau Live Center is the name of the Coliseum’s new leaseholder, which has taken over control of the county-owned building after Russian billionaire Mikhail Prokhorov defaulted on rent and walked away from a $100 million loan. ...Nassau then negotiated a deal with [Nicholas] Mastroianni to take over the same lease because his Jupiter, Florida, company, U.S. Immigration Fund, orchestrated the loan that helped finance Onexim’s renovation of the Coliseum. That's presented as something routine. However, as I wrote last month, the deal seems akin to a mortgage default that leaves the mortgage broker , not the mo
Atlantic Yards/Pacific Park Report
This watchdog blog, by journalist Norman Oder, concerns the $6B project to build the Barclays Center arena & 15-16 towers at a crucial site in Brooklyn. Dubbed Atlantic Yards by developer Forest City Ratner in 2003, it was rebranded Pacific Park Brooklyn in 2014 after the Chinese government-owned Greenland USA bought a 70% stake going forward. In 2018, one the arena & four towers were built, Greenland bought out most of Forest City's stake, then sold three leases to other developers.