Tags : Charles Wang, Charles Wang Lighthouse project, New York Islanders
Owner Wang Again Threatens To Move Islanders
Uniondale, NY (AHN) – New York Islanders owner Charles Wang is unhappy and threatening to move the franchise. His self-imposed deadline for moving his Lighthouse project has come and gone.
A Hempstead Town spokesman said the Islanders owner left unanswered questions that must be answered before officials address his $3.8-billion project.
“Mr. Wang created his own deadline dilemma,” said Michael Deery, spokesman for Republican Town Supervisor Kate Murray.
Deery added developers didn’t know how public water was to be supplied and the number of buildings in the project was uncertain before agreeing on 42.
Another issue was funding. Derry said developers need $120 million for traffic improvements and their plan only accounted for $55 million in upgrades.
“The ball’s in their court,” said Deery, “They have a lot of answers to provide.”
Wang was “upset, discouraged, disappointed and disgusted by the inaction. He said he would begin taking calls from those interested in the hockey team or the project.
He added he got eight offers from locations inside and outside New York State from those connected with locations wanting to provide a new Islanders home.
The Isles currently play all home games at Nassau Coliseum.
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