06-26-2013 - Nassau Coliseum redevelopment competitors face off at LIREG breakfast forum

The four development groups vying for the right to redevelop the Nassau Coliseum will make their respective cases at a June 26 breakfast meeting of the Long Island Real Estate Group (LIREG). The meeting will take place at the Old Westbury Golf & Country Club, 274 Wheatley Rd. The presentations and Q&A will begin at 8:30 a.m. after a brief period for member networking and are expected to be completed by 10 a.m. Top officials of each of the developers will present their respective projects and take written questions from LIREG members, among them numerous top real estate industry executives and professionals. Presenters will include representatives of Blumenfeld Development Group, Forest City Ratner Companies, Madison Square Garden / RXR Realty Corp. and New York Sports & Entertainment LLC. “The redevelopment of the Nassau Coliseum and the 77 surrounding acres in Uniondale is an essential real estate project for the region’s future,” said Brad Cronin, co-president of LIREG. “We are offering these four developers an opportunity to explain their proposals and the benefits they intend to bring to an audience that has an important stake in what may transpire,” said Samuel Yedid, also co-president of LIREG. The event is open to the public, but seating is limited. Admission to members of LIREG is free and $60 for non-members. Reservations are necessary and can be made by calling (631) 721-4700. Nassau County Executive Edward Mangano has said he will make a decision by July 15, after receiving an advisory recommendation from a 17-member business council.