Steve55
Registered User
Marshall: Inside the Islanders' new Belmont Arena
October 9, 2020 2:40 PM (EDT)
Even before Friday’s "topping off" ceremony — where the last steel beam was raised — Oak View Group chief executive Tim Leiweke, a partner in Belmont Park’s redevelopment, has been pushing to make the project a symbol and a sign of Long Island’s comeback...
Leiweke is hoping to have the arena ready to go by November 2021, he said, noting that it remains on schedule despite the work stoppage during the height of the coronavirus pandemic. And the new Long Island Rail Road station at the site is on schedule, too, he added...
The redevelopment at Belmont Park is a joint venture between Oak View, the New York Islanders, and Sterling Project Development, the real estate group controlled by the Wilpon family...
And among those partners, the $1 billion arena is "fully funded," Leiweke told the LIA, noting that Oak View has put in $250 million in equity into the project, and the debt it needed to secure is "locked down."...
October 9, 2020 2:40 PM (EDT)
Even before Friday’s "topping off" ceremony — where the last steel beam was raised — Oak View Group chief executive Tim Leiweke, a partner in Belmont Park’s redevelopment, has been pushing to make the project a symbol and a sign of Long Island’s comeback...
Leiweke is hoping to have the arena ready to go by November 2021, he said, noting that it remains on schedule despite the work stoppage during the height of the coronavirus pandemic. And the new Long Island Rail Road station at the site is on schedule, too, he added...
The redevelopment at Belmont Park is a joint venture between Oak View, the New York Islanders, and Sterling Project Development, the real estate group controlled by the Wilpon family...
And among those partners, the $1 billion arena is "fully funded," Leiweke told the LIA, noting that Oak View has put in $250 million in equity into the project, and the debt it needed to secure is "locked down."...