Marshall: The hub begins to take shape
'By Randi F. Marshall
[email protected] @randimarshallUpdated August 23, 2018 5:33 PM (EDT)
The Point has learned that Uniondale-based RXR Realty, headed by developer Scott Rechler, has formed a partnership with perhaps the most important player in the Hub’s redevelopment.
RXR is partnering with BSE Global, formerly known as Brooklyn Sports & Entertainment, which manages Nassau Coliseum. And Nassau County can’t move forward with the Hub redevelopment without BSE’s involvement and approval. That makes an RXR-BSE partnership a game-changer — one that could supersede any other development proposal at the Hub...
BSE’s parent, Onexim Sports & Entertainment, controls 85 percent of Nassau Events Center, which holds the Coliseum lease. A clause in that lease says the county has to “reasonably cooperate” with Nassau Events Center on any development...
This isn’t Rechler’s first effort at redeveloping the Hub. He partnered with former New York Islanders owner Charles Wang when they proposed the Lighthouse Project, a $3.8 billion plan that the town ultimately rejected...'