RXR Realty and BSE Global join forces on Nassau Coliseum project

Executives from RXR Realty and BSE Global met last week, ultimately agreeing to a joint venture to potentially redevelop the area around the Nassau Coliseum, according to the Long Island Business News. BSE leases the uniondale site from Nassau County and operates the arena itself. The move puts RXR in a favored position to win the bid for the redevelopment project, for which the county received more than a dozen proposals. RXR wouldn’t elaborate on its plan, but confirmed that it falls within current zoning, which allows for 500 residential units at the site. County officials are expected to release a statement on the Coliseum project this week. [LIBN]