The Islanders are requesting a $400,000 sales tax break from the Nassau County Industrial Development Agency on their financial contribution to the $8.7 million renovation of NYCB Live’s Nassau Coliseum.
The team is seeking to facilitate its temporary return to its former home arena.
The Islanders are contributing $2.7 million in addition to a state grant for $6 million to renovate the county-owned arena to bring it into National Hockey League compliance. The Islanders are seeking the sales tax exemption on their purchase of construction materials, equipment and other supplies needed to complete the renovation project.
The Islanders are scheduled to play 60 games at the Coliseum over the next three seasons while they await a new arena at Belmont Park.