Weather Alert(1)!
"Coastal Flood Advisory, Coastal Flood Statement" ...Coastal Flood Advisory remains in effect from 9 PM Thursday to midnight EDT Thursday night... * locations...along coast of southern New Haven and northwestern Long Island. * Tidal departures...around 1 ft above astronomical tides. * Timing...brief and localized minor coastal flooding until midnight. More widespread minor flooding around the times of high tide between 9 PM and midnight Thursday night. Additional minor coastal flooding is possible around the times of high tide Friday night. * Impacts...minor flooding of the most vulnerable shore roads and/or properties due to height of storm tide or wave splashover. Majority of roads remain passable with only isolated closures. There is no significant threat to life and any impact on property is minimal. This type of event is covered by a coastal Flood Advisory. Precautionary/preparedness actions... A coastal Flood Advisory indicates that onshore winds and tides will combine to generate flooding of low areas along the shore. ...L.I. Sound water levels for Thu night... Coastal............time of......forecast total.....Flood..... Location...........high Tide.....Water level.......category.. ...................................(Mllw).................... Kings Point NY.....1057 PM......10.3-10.7...........minor.... Stamford CT........1104 PM......10.1-10.5...........minor.... Bridgeport CT......1101 PM........9.4-9.8...........minor.... New Haven CT.......1100 PM........8.7-9.1...........minor.... Glen Cove NY.......1035 PM......10.2-10.6...........minor.... Old Field NY.......1102 PM........9.2-9.6...........minor.... -- Wednesday May.04 16,10:48 PM Weather  |  LIRR  |  Traffic  |  Traffic Cams |  Weather News

 

New York Islanders Announce Change in Ownership

Sports & Recreation, Local News, Business & Finance

A deal that will introduce a pair of new majority owners to the Islanders is now pending NHL approval.

A new home venue is not the only change in the New York Islander’s near future. According to a statement released by the team on Tuesday, August 19, the Islanders will also be under new ownership.

A group led by Jon Ledecky, former co-owner of the Washington Capitals, and London-based investor Scott Malkin has reached an agreement with current owner, Charles Wang, to purchase “a substantial minority interest in the team.” Wang will retain majority ownership for the Islanders’ final season in Nassau Coliseum and as they transition into Brooklyn’s Barclays Center next year; however, Ledecky and Malkin will take majority control after two years’ time.

We are pleased to have the opportunity to become partners in the New York Islanders with Charles, and to pursue our shared dream of winning a fifth Stanley Cup for the greatest fans in the NHL," Ledecky said.

"I'm thrilled that Jon and Scott have agreed to join me as we start the Islanders’ final year at Nassau Veterans Memorial Coliseum," said Wang. "I look forward to a long and successful partnership."

No details on the cost to be paid by Ledecky and Malkin have been announced, and the team has not divulged how large of a stake Wang will maintain after the two-year transitory period.

The deal is still pending approval from the NHL’s board of governors, and the team has stated it will make no further comments on the subject until after he league completes its process for franchise ownership transfer.

The Islanders have only made the postseason once in the last seven years, and will hope for a reversal of fortune as they move approximately 30 miles west from Uniondale to Brooklyn.

[Source: NY Islanders]

Join Our Weekly Newsletter

Sign up for a free weekly newsletter covering things to do, hottest local headlines, and everything Long Island! Read more here or enter your email to signup.

   
     Newsletter Archive
Advertisement
Advertise With Us
 
Open Feedback Dialog