The person was not authorized to discuss the situation before an afternoon announcement and spoke to the AP on condition of anonymity. Islanders owner Charles Wang and developer Bruce Ratner were among those scheduled to be at the news conference.???
Officials in neighboring Nassau County, N.Y., have struggled for years to come up with a plan to either renovate or build a new arena to replace the Nassau Veterans Memorial Coliseum, which opened in 1972. That same year, the Islanders joined the National Hockey League.??
Wang has threatened to move the team from the site when the team's lease expires after the 2015 season. Wang, the founder of a computer software company, presented a plan in 2003 for a privately funded multibillion-dollar development of housing, retail and a new arena on the property, but the proposal foundered amid community opposition.
Wang has complained that the dilapidated building is unsuited for a professional sports franchise.
Source: http://www.silive.com/sports/index.ssf/2012/10/nhls_islanders_moving_to_brook.html
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