Skip to main content

Featured Post

Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

Nassau Coliseum operator Onexim establishes fund to assist hourly workers, Islanders help; details unspecified

Nassau Coliseum operator establishes fund to assist 700 hourly workers, Newsday reported 3/19/20:
The operator of NYCB Live’s Nassau Coliseum said Thursday it has established a fund “to assist with offsetting some of the lost wages” of its hourly workers.
The Islanders contributed an unspecified amount to the fund, according to Onexim Sports and Entertainment, the Coliseum's operator.
Onexim's decision to create a fund for hourly workers to the roughly 700 affected workers “recognizes the hardships faced by our hourly employees during this shutdown,” the company said in a statement.
Onexim, owned by Mikhail Prokhorov, formerly operated the Barclays Center.

What's unclear from this report--and I haven't found any clarification--is how much Onexim, with the New York Islanders (the main tenant), is contributing.

Does it match that of other venues, such as the Barclays Center, which has pledged "the paychecks they would have earned if Brooklyn Nets regular season games and non-Nets events were to continue as originally scheduled," through May?

That seemed a reasonable benchmark, though it now seems clear that venues will be closed far longer than that.

So even corporate altruism/responsibility deserves follow-up questions: how much has been pledged, and for how long?

And, for venues like Barclays, if/when the initial period expires, how is it being renewed?

Comments