Two hotels are added to the $1.5B Nassau Coliseum redevelopment plan

New York /
Oct.October 22, 2018 11:49 AM

Brett Yormark, CEO of BSE Global, and Scott Rechler, CEO of RXR Realty, for the first time laid out a time frame for their plan to redevelop 72 acres around the Nassau Coliseum, Newsday reported. The developers added two hotels to the $1.5 billion redevelopment plan. One of them will be a hotel offering “limited services” while the other will be “a high-end facility” according to the plans. The Nassau Legislature will have a public hearing on the proposal on Nov. 27. Lawmakers could approve the plan as soon as December, which would allow developers to quickly launch its first phase, which will see the construction of two parking garages, medical or research buildings and some entertainment facilities. [Newsday]


Related Articles

arrow_forward_ios
Photo Illustration of Urban Edge CEO Jeff Olson and Sunrise Mall in Massapequa, NY. (Getty, Urban Edge)
Unibail-Rodamco-Westfield sells Long Island mall for $29.7M
Unibail-Rodamco-Westfield sells Long Island mall for $29.7M
Nassau Coliseum and Nick Mastroianni (Getty)
Nassau Coliseum leaseholder Nick Mastroianni touts “pent-up demand” for events, but boost may be temporary
Nassau Coliseum leaseholder Nick Mastroianni touts “pent-up demand” for events, but boost may be temporary
TRD’s favorites wines, spirits and non-alcoholic beverages. (Getty, Amazon,
These nine drinks will help you toast the new year
These nine drinks will help you toast the new year
Nassau County residents impacted financially by the pandemic will be eligible for rent relief (Getty)
Nassau County offers $6 million in rent relief
Nassau County offers $6 million in rent relief
Suburban condos get competitive
Suburban condos get competitive
Suburban condos get competitive
23 Ezekillis Hollow in Sag Harbor (Photos courtesy of Compass)
Year’s most expensive home in Sag Harbor sold for $15M
Year’s most expensive home in Sag Harbor sold for $15M
Mahnaz Zahedi pictured with her parents in 1962 (inset) and  444 E Alexander Palm Road (Getty, Zillow)
Hotelier buys waterfront Boca Raton home for $6M
Hotelier buys waterfront Boca Raton home for $6M
Long Island is aiming to keep the business it grabbed from the city during the pandemic, and it now knows how. (iStock)
Long Island plots to keep its pandemic gains from NYC
Long Island plots to keep its pandemic gains from NYC
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...