“The owners are committed to the franchise, they’re committed to New York and the great fan base that has followed the Islanders,” Bettman said. “There are some issues about playing at Barclays, it may be fundamental to the ice system. That’s not something that can be fixed in the short term.The problem is that building a new arena is prohibitively expensive, so this is more likely a public joust to either get the building renovated or at least realign the deal with the Barclays Center. As Dan Saraceni of Lighthouse Hockey put it, it's "more of the same."
“I think, as is prudent, Scott Malkin and Jon Ledecky are reviewing the situation and looking very seriously at what their options are.”
This watchdog blog, by journalist Norman Oder, offers analysis, commentary, and reportage about the $4.9B project to build the Barclays Center arena and 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 Group bought a 70% stake going forward. As of 2018, after the arena and four towers were built, Greenland will own 95% of future construction.