Wednesday, October 8, 2014

Marriott Next Door To Coliseum Sells For 66.2 Million

According to the Long Island Business News, the Marriott hotel located next to the Nassau Coliseum was sold to Starwood Capital Group which is based out of Greenwich Connecticut.  The group bought the hotel out of foreclosure for 66.2 million dollars.  The hotel was foreclosed upon earlier this year after Islanders owner Charles Wangs firm CBW Hotel stopped making mortgage payments last year.

It is unknown right now what if any changes will be made to the hotel under the new ownership.

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