The Nassau County Industrial Development Agency voted to approve tax breaks for the New York Islanders Wednesday night on a nearly $10 million planned renovation at NYCB Live’s Nassau Coliseum.
BSE Global, formerly Brooklyn Sports & Entertainment, which operates the Coliseum and Brooklyn’s Barclays Center, submitted an initial IDA application in May on the Islanders’ behalf. The team, according to an updated application submitted in July, was seeking a $400,000 to $450,000 sales tax break on the purchase of new equipment, furniture and fixtures for the project.
Completion of the $9.95 million interior upgrades would allow the Islanders to temporarily return to the Uniondale arena for three years while a new arena at Belmont Park is developed.