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He's the man that brought the nets to Brooklyn from New Jersey making them -- to beat most valuable teams in the NBA kind of within a blink of -- Now he's in a battle for his next turn -- story Bruce Ratner forest city Ratner companies executive chairman joins me now.
In -- Fox Business exclusive and you're going.
For Long Island's Nassau coliseum where the islanders were going to live for the rest of their lives but they're not anymore correct.
So how are you going to do this -- find this bidding process fascinating because -- up against three different companies include.
Interesting that's right what what happened was we brought the islanders -- -- we are going to bring them that left to Nassau coliseum which is 41 years old.
And really very old looking it really needs to be -- done and I -- to become executive you know.
This place can be great it's a great location it's Nassau and Suffolk or three million people.
Very high income let's do the thing over and so he needs to the bid process.
And we've applied.
And we think we have a terrific idea we're gonna change at the same way we did in Brooklyn to look beautiful.
Number one workplace mistress and that's -- do with it.
Now we have some rendering so let's put those up there and talk about what you plan on doing you would do not only eight fewer seats right now they have about 600171000.
You'd go down to about what thirteen or thousands is that okay.
Why would you do that.
Because basically most of the things that you're gonna have in the coliseum like -- are marina are not 16181000.
You -- professional sports that are.
So really what you want to do was have something you don't want to pleased to feel like a bond wanna -- -- to concert size thirteen 101210101000.
He can even -- Taken down to 4000 -- we've had designed so it's very flexible for all kinds of -- You have a theater configuration.
You would have an outdoor.
All kinds of various maybe an -- -- set him -- but let's be clear the islanders would move.
To the next to the Barkley that is correct that is right but here's the hook.
Six of the islanders games you say would remain I find this something unique setup I've never seen something like this before.
They would remain at Nassau coliseum -- six of the games to keep up long -- -- fan base there.
And and here comes the big -- with the titans and battling -- -- out.
That requires approval from both the league the National Hockey League should also -- owners of them as -- who -- the New York Rangers.
Come election YouTube this they've got a bid for the Nassau coliseum as well I don't think it requires -- approval.
Obama doesn't actually but I -- -- after 'cause I've read everywhere that -- -- -- -- it.
I don't think they can I don't think that's true.
But even if they could I don't think again today why would anybody.
Denied the people of Long Island.
The right to see a team I don't think they would do that at the end of the day you've got to do what's right for the people Nassau Suffolk guiding they would do the right thing.
But they don't really have a right to do that anyhow but if they did you realize we put together a team.
-- people called the dream team.
It's not only us it's like nation it's Jay-Z it's the Yankees obsessed Goldman Sachs is -- -- it's Guggenheim.
So we have a dream team of people we have probably it's probably the most important group put together in sports and entertainment -- years.
Amid because this is we couldn't get program when we got development we've got talent we've gotten money we've got.
Okay let me get some money.
Bruce would this require at least your bid.
Using some taxpayer dollars because MSG says our bid doesn't require single dime of taxpayer dollars ours does not -- -- -- We're giving money into the county would -- -- -- percentage of our revenues to the county.
No taxpayer money at all and that's where it should be replaced like Nassau County here's why I think MS -- said why would be and I shall not want this.
Well let -- -- doesn't because they too were putting in that -- what is your rendering better than theirs you wanna put by the way thought this was very interesting.
Metallic pins on the outside that's very and I don't know if he'll be a grimace at this but I think it's great Frank -- ask.
But putting it on what is now a very pouring cement facade in an old coliseum you.
You said probably one of the most important differences.
You need to change what it looks like you need 280 degree turn the only way to do that is to start with the outside and make it beautiful and spectacular.
That's the only way to do -- you cannot leave it the way it looks on the outside.
I think we're the only really one of the bidders who really uses high designed to start with how to change it.
That's really I would say one of the biggest differences aside from the dream team aside from.
Played six games and aside from having something on the outside everything from the theater to an ample theater to a movie theaters to restaurant.
It's and you would bring one nets pre season game -- one basketball game their and these are these are brand new outside the box ideas which I think are fascinating but I keep saying MSG.
Which of course the CEO is Hank Ratner -- -- -- -- but a good what India and every time you see an article on how on a Long Island newspaper about this.
They say the dole once and of course Jim Dolan -- who heads up Cablevision based on Long Island.
He is one of the majority owners here and it cute I mean you guys have been can be fixed fisticuffs like that like a hockey players on this one he wants it to.
We'll shortness of this like so many -- whether it be taken over company -- you talk about all the time on for slimmest he's good we are very good it'll do good contest what Howard is going to be.
Company of cable -- well I think the major thing is it's going to be a question who's got the better plan.
And I think we have the best -- terms -- way it looks the exterior the team put together every discipline could the Yankees.
I'm the Yankees are part of this -- they're gonna provide the food some of the branding.
So it's a pretty strong group of people it's hard to say no.
To to group like I mean the Yankees -- -- from the islands also so.
You know it's a lot of a lot of of our members our team had.
That -- I'd be thrilled because I love this kind of story -- of a bit -- -- as well so hopefully you have the Long Island people coming because there is a direct train to correct to the Brooklyn nets.
To be able to see the islanders when they do move to redirect.
That's why it made a lot of sense given that they couldn't stay in Long Island.
It made a lot of sense to bring it to Brooklyn last question -- the real estate industry superhero -- on the street in New York City is strong.
Very strong mid whether -- condos or rentals or retail it's very strong offices a little bit -- But other than office it is about as strong as I've seen in the long long time.
-- in the country generally it's coming back.
Will you come back here as we follow this story I would love to terrorists router and any time that have been thrilled to have you.
-- -- forest city Ratner executive chairman and a Fox Business exclusive he's going -- -- will watch this one.
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