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Newsday: Las Vegas Sands offers a new lease on life for Nassau

Monday, May 15, 2023
For decades, Nassau County has grappled with its ownership of the struggling Nassau Coliseum and the many acres that surround it. The county careened between mediocre leases that favored the tenant, tenants who didn’t always pay bills on time, and complications due to changes in management, ownership or economic circumstances.
Over and over again, Nassau failed to strike a lucrative economic development deal for one of the county’s largest and most valuable available tracts.
Tenant after tenant, lease after lease, that effort failed, leaving Nassau with a mostly empty parking lot, a bare minimum annual rent payment, and a scarcely used Coliseum that’s saddled with debt.
The Nassau Legislature will be voting Monday, May 22, 2023 at 4:00PM to finalize the lease transfer of the Nassau Hub to the Las Vegas Sands. Please join us in making your voice heard and calling on your elected officials to do the right thing and make sure Nassau County does not miss this once-in-a-generation opportunity to create jobs and protect our economy.