Let Charles Wang Do It
Instead of borrowing $400 million with an estimated $433 million in interest payments (total $833 million!), Nassau County should sell the Coliseum. If Charles Wang thinks the renovated Coliseum is such a great proposition, let him renovate it and develop the area on his own dime (or many dimes in this case).
Why should the County government own sports and convention facilities in the first place?
Stop wasting money. No sports welfare for one of the 400 richest Americans. Separate sports and state.
–Richard Cooper, Vice-Chair Libertarian Party of New York www.ny.lp.org. Coordinator, Stop Nassau Coliseum Funding campaign.