I found this on Foxsports.com and the New Jersey Nets majority owner Bruce Ratner is looking for investors to help move the team to Brooklyn. One shovel has not gone in the ground yet for the potential 22 acre complex because they are using eminent domain to obtain property where the complex will stand. Eminent domain is basically a way rich owners and powerful politicians can kick people out of their homes so they can build real estate.
"The project has been stalled by financing problems in a crippled real estate market, high-priced designs and lawsuits by residents opposing the use of some condemned property to build the arena. New York's top appeals court has agreed to hear a challenge to the state's use of eminent domain to obtain all the land for the project." as said on Foxsports.com. Basically rich people kicking less fortunate people out of their homes or just having rich people drastically change someones neighborhood has pissed off a lot of people in Brooklyn (not a smart move).
Here's a solution......Move the New Jersey Nets back to Long Island
The Nassau Coliseum (which is the worst arena in professional sports) is where the New York Islanders play and is also where the New York Islanders are tinkering on the edge of moving. The Nassau Coliseum is also where Dr. J and the New York Nets tore up the ABA. So why not work on a deal with Charles Wang (Islanders Owner) to team up and move the Nets back home to the place where it all began and the place they should not have left in the first place.
The New York Islanders and Charles Wang have been trying to get his "Lighthouse Project" passed with the Town of Hempstead for a while now. He is threatening to move the team off of Long Island if his project does not take place by October 3rd of this year. They both can combine their money, build a gorgeous arena and they would not have to go through all the politics both teams are dealing with at the moment. Making a deal like this would make it the 1970s all over again and a "project" between the two teams would actually make sense and work!!
Saturday, July 25, 2009
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