Maybe similar to what the Jets did with Hofstra. I'd be very sad to see all of it's Nassau roots gone.
I think when all is said and done in a few years, most fans will be very happy. It appears as if the organization is really working on expanding their footprint. If you read the tea leaves all of the following could happen in the next few years (oF COURSE MOST OF THESE ARE JUST RUMORS, I REALIZE but where ther is smoke...):
1. Islanders playing their home games in the Barclays Center (Brooklyn)
2. Islanders practice facility may be the Kingsbridge Armory (Bronx)
3. Islanders farm team could potentially moving into NVMC (Nassau) (Wouldn't it make more sense to call them the Long Island Sound Tigers anyway)
4. Play some pre-season exhibition games as well as maybe a training camp session or two at NVMC (ala Jets and Hofstra)
5. Wang Sells team
If these things happen (heck, if half of them happen) the NY Islanders would be a very attractive place to Free Agents and draft picks. Who wouldn't want to play games in a brand new building practically in NYC. Have practice in a state of the art Ice Skating facility that would be rivaled by none in that same city. And start their professional careers in a building (NVMC) with that much history. ANd of course a new owner would be all the incentive one would need to sign on the dotted line and make Playing for the Islanders and STAYING with the Islanders a very attractive proposal.
I like the vision, I hope some of this comes to fruition.