New York Islanders moving back to Long Island

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The New York Islanders may finally have a solution to their permanent home.

According to sources, the New York Islanders have received news on Tuesday that its bid to build a new arena at Belmont Park in Elmont, New York has been accepted. The decision is expected to be announced at a news conference on Wednesday.

The New York Islanders are poised to move forward with a new arena at Belmont Park, as the team's bid for the site is expected to chosen as the victor.

Jon Ledecky, along with his partner, Scott Malkin, did nearly the impossible, deliver Nassau County and more importantly, the Islanders fans, a new arena that will finally put an end to all of the off the ice talk that has plagued this team for years.

"This will be more than an arena", Ledecky said. The Islanders revealed their plan at the December 10 meeting which included an 18,000 seat arena, a space for retail stores and a hotel. "We wish the Islanders well on their journey to Belmont, and they should consider Nassau Coliseum in the interim period".

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The Islanders' partners in the development include Sterling Project Development, a real estate firm run by the Mets' Wilpon family, would were on hand and were greeted as how you would expect, and Oak View Group, an arena development company partially funded by Madison Square Garden.

State Sen. Elaine Phillips (R-Flower Hill) said the "foundation has now been laid to make Belmont Park a reinvigorated economic engine for our region, which will strengthen the already existing racing industry, and make Nassau County a destination location". Capacity for hockey in Brooklyn is 15,795, the second-smallest in the NHL.

The Isles and Barclays Center have a January deadline to open a renegotiation period for their 25-year lease, which must take place before either the team or arena can opt out of their existing deal. Islanders co-owner Jon Ledecky has said that there was no "Plan B" if the Belmont bid failed, putting the future of the franchise in doubt.

National Hockey League insider Kevin Allen believes the Vegas Golden Knights have been a resounding success for the National Hockey League and could pave the way for another team in Seattle.

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