Charles Wang
PER
Wang Charles Wang
The Lighthouse Group is led by Charles Wang, the Long Island businessman and owner of the New York Islanders, who are based at the Coliseum, and by Reckson Associates, a local real estate firm. Mr. Wang was the first developer and for a time the only developer to present a plan for the 77-acre site, most of which is now parking lots. Mr. Wang seems to have held the inside track all along because he alone could guarantee that a sports franchise, the Islanders, would continue to occupy the county-owned coliseum. Mr. Wang had since amended his proposal to include a baseball stadium and a trolley that would connect the stadium to the coliseum. His plan also proposes $200 million in improvements to the aging arena.