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L.I. Fed President: New Arena Will Stimulate Economic Revival

John Durso, president of the Long Island Federation of Labor, explains why a new arena is so important.

The following is from John Durso, president of the Long Island Federation of Labor:

The proposed coliseum project is critical to Nassau County’s economic revival. It will create jobs immediately – 1,500 construction jobs and more than 3,000 permanent jobs. It will help Nassau County get back on its feet economically by generating development in the area and injecting much needed cash into the county’s coffers.

An independent study commissioned by the Nassau County Industrial Development Agency concluded that the new coliseum will generate revenues exceeding the cost of construction. It will bring in $1.2 billion in revenues for the county over the life of the lease with the New York Islanders with profits of $430 million for the county.

The Aug. 1 referendum presents an opportunity to enlarge the tax base of Nassau County and stop the cycle of unemployment and high taxes.

If a new coliseum is not built, the New York Islanders have stated that they will leave Long Island. It is likely that the coliseum would close. The best shows and events would move off of Long Island.

Building a new coliseum is a win for Long Island. The alternative is an abandoned arena and an empty parking lot. The Long Island labor movement urges a "yes" vote on Aug. 1.

SeanyA July 31, 2011 at 11:40 PM
I'm voting yes. Ive been all over the information and its the only vote that makes sense to me.
An tUasal Airgead August 01, 2011 at 11:56 AM
Whatever your position, GET UP AND GO VOTE!! DO NOT RELY ON OTHER PEOPLE TO VOTE YOUR WAY because you are too lazy to do it yourself! If you hate this deal (as I personally do) then GET UP AGAIN, in NOVEMBER and vote out anyone that had a part in it! Vote again in the following elections to do the same! Wang is a businessman. If someone offered you a good deal, you would take it too. Don't blame Wang, blame the game .... the game being played by the current administration in Mineola! These people are in office because we put them there. You can type all the comments you want to, but if you don't exercise you right to vote, because it may be inconvenient, then you are part of the problem too.
Drew Art Guy @ Sunflower Fine Art Galleries August 01, 2011 at 07:02 PM
Here's the Drew Plan: 1.Hold 2.Vote 3.Cross 4. Pray
Drew Art Guy @ Sunflower Fine Art Galleries August 01, 2011 at 07:16 PM
1. Hold your nose- deal is far from perfect 2. Vote your heart and gut. Or you're squandering your voice & right to complain. 3. Cross your fingers that this becomes what's been promised and we deserve. 4. Pray that the political bickering that's stalemated LI forever takes a backseat to the voice of the people. That we move forward to a brighter future. Not the negativity, distrust , apathy and corruption that have long been our most prominent export.
Drew Art Guy @ Sunflower Fine Art Galleries August 02, 2011 at 03:11 PM
The public wants what the public gets.

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