Long Island Lighthouse Project Stalled

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Six months after giving a Long Island town an ultimatum, hockey team owner Charles Wang is no closer to building his massive housing complex called the Lighthouse at Long Island.

The project was supposed to bring city living to the middle of suburbia with 2,300 apartments and town houses, some of them arranged in a pair of 36 story towers.

At the beginning of the hockey season last October, Wang said he needed to know if the Town of Hempstead approved his plans. If not, he'd start looking for other places to move his team, the New York Islanders. But instead, the town council has drawn out the process. It hired a consultant to draft up a rezoning plan that's more in line with the town's priorities: lower buildings and fewer of them.

Wang won't comment, but in the past he pushed for a larger development in order to raise the money he needs to renovate the Nassau Coliseum, where the Islanders play.

The town expects to unveil its rezoning proposal this summer.