COLISEUM PROPOSALS

Four companies vying to redevelop and operate the Nassau Coliseum presented proposals to a panel of business leaders who will advise County Executive Edward Mangano before he selects the winning bidder. The groups and their plans are listed below in the order they presented to the panel.

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Bruce Ratner

Bruce Ratner built the Barclays Center in Brooklyn, where the New York Islanders will play beginning in 2015.

Cost/Financing: $229 million, financed by developers

Arena seating: 13,000, with the ability to go down to 4,000 as needed

Additional facilities: A 2,000-seat theater, a 2,500-seat outdoor amphitheater for concerts and summertime entertainment that would become an ice skating rink in the winter, as many as six restaurants, a movie theater and roughly 50,000 square feet of retail space

Sports teams: Six Islanders regular season games, one Brooklyn Nets pre-season game and a minor league American Hockey League team

Parking spaces: About 5,000

Economic impact: Estimated to generate $10.9 billion in economic activity over 30 years, with more than 300 events annually

Jobs created: Predicts 1,331 construction jobs and 2,500 full time, part-time and seasonal positions

Payments to county: TBD

Description: Ratner proposed a 13,000-seat arena. Alongside the arena, he would construct a 2,000 seat theater similar to Live Nation's Fillmore Auditorium in Denver, a 2,500 seat outdoor ampitheater for concerts and summertime entertainment that would be converted into an ice skating rink in the winter months, up to six restaurants, a movie theater and roughly 50,000 square feet of retail space. Hip hop superstar Jay-Z joined Ratner for the presentation. Jay-Z's Roc Nation entertainment company is associated with the Coliseum project and will help attract new acts, Ratner said, adding that the complex could be as meaningful to Nassau as the Eiffel Tower is to Paris.

VIEW MORE PHOTOS From Bruce Ratner's presentation

Bernard Shereck

Bayville developer Bernard Shereck is the chief executive of New York Sports & Entertainment.

Cost/Financing: $60 million to $90 million privately funded

Arena seating: 8,000-10,000

Additional facilities: None

Sports teams: A minor league hockey team and possibly a lacrosse team

Parking spaces: 3,600

Economic impact: Envisions generating $10 to 20 million a year in tax revenue for the county

Jobs created: Envisions 1,500 construction jobs, 100 to 150 full-time employees and 500 part-time

Payments to county: TBD

Description: Local developer Bernard Shereck's company proposes downsizing the arena to 8,000 to 10,000 seats. The group has no plans to alter the face of the Coliseum, but would spend $60 million to $90 million to refurbish the interior. Jim Johnson, a former sales manager for the New York Islanders now working with Shereck, said: "We're all Long Islanders. Bernie's our biggest celebrity. We look at out community and we look at resources that are untapped." The group did not present renderings.

Blumenfeld Development Group

Syosset developer Ed Blumenfeld owns Blumenfeld Development Group, which focuses on big-box retail and office space.

Cost/Financing: $180 million, privately funded

Arena seating: 9,000-12,000

Additional facilities: A 100,000-square-foot convention center

Sports teams: A minor league hockey team, Big 10 college basketball and hockey games

Parking spaces: 5,500-6,000

Economic impact: $10 million to $20 million in annual sales tax revenue

Jobs created: N/A

Payments to county: TBD

Description: Blumenfeld would spend $180 million in private sector funding to tear down the existing Coliseum and build a new 9,000-12,000 seat arena. "We have a vision for Long Island that Long Island should not be a secondary place but a primary place and this should be a primary venue," Ed Blumenfeld said. In addition to a minor league hockey team, the group also would recruit Big 10 college basketball and hockey clubs to play at the arena, including the Ohio State University, Penn State University and Michigan and Michigan State Universities.

Madison Square Garden Co.

The Madison Square Garden Co. owns the Garden, the New York Knicks and the Rangers, among other properties. The Dolan family holds controlling interest in MSG, and owns Cablevision, Newsday's parent company.

Cost/Financing: $250 million, privately financed

Arena seating: 14,500, with the ability to go down to 1,700 as needed

Additional facilities: 150,000-square-foot entertainment complex that includes retail and restaurants

Sports teams: At least one of its sports franchises — the WNBA's New York Liberty, the Connecticut Whale or the Erie Bayhawks

Parking spaces: About 5,000

Economic impact: Envisions up to 180 indoor arena events annually, and 150 free events, concerts and festivals at Long Island Live!, generating $11 billion in economic activity over 30 years and more than $300 million in sales and entertainment tax

Jobs created: Envisions 1,200 construction jobs and 2,500 permanent positions

Payments to county: TBD

Description: The MSG plan envisions a renovated 14,500-seat arena with a nearby entertainment complex similar to the "Power Plant Live" development in Baltimore's Inner Harbor. The proposal calls for the replacement of all arena seats and suites, modernizing the concourse and bathrooms, creating a lower-level VIP section, and renovating the arena exterior. MSG and the Baltimore-based Cordish Companies would build "Long Island Live!," a year-round, 150,000- square-foot entertainment complex on the site of the Coliseum's exhibition hall. The venue would feature restaurants, including Long Island's first eatery by chef Jean-Georges Vongerichten, sports bars, bowling and billiards.

VIEW MORE PHOTOS From MSG's presentation