The answer is yes, according to Arthur Staple of Newsday, who's been tracking the chances of a new contract for John Tavares. Everyone I've talked to maintains this is not about $. All about wanting to see how things progress with arena/team before committing. — Arthur Staple (@StapeNewsday) August 29, 2017 Will be months before state makes a decision - likely 4-6 but that's just a guess. — Randi Marshall (@randimarshall) August 29, 2017 There will be other bidders for the Belmont site and, as I've said, I think another arena would represent a glut, competing with and cannibalizing events from the other area arenas. Which argues against government assistance, direct or indirect. Far more to do at Belmont - community, environmental review, etc. My guess is timetable here will be longer. — Randi Marshall (@randimarshall) August 29, 2017 The process for the Barclays Center took a lot longer, but that involved eminent domain, lawsuits challenging both eminent domain an...
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, once the arena & four towers were built, Greenland bought out most of Forest City's stake, then sold three leases to other companies.