Nassau County Executive Edward P. Mangano today announced that local businessman and New York Islanders Principal Owner Charles B. Wang has acquired operations of Twin Rinks Ice Center in Eisenhower Park. The facility will serve as the New York Islanders official practice facility as well as the primary team pro shop, selling Islanders merchandise and hockey equipment.
County Executive Mangano stated, “This is good news for residents and youth athletics as Twin Rinks will continue to provide a world–class facility. Charles Wang and his team have remarkable ice hockey experience that will certainly benefit Twin Rinks and all those who utilize the facility.”
“We are thrilled to have this opportunity to acquire the premiere ice facility, based right in Nassau Country,” Wang said. “My goal is to grow the sport of hockey in our local community. We can now have all levels of hockey players skating in Nassau County starting from beginners all the way up to NHL superstars.”
Twin Rinks, a 165,000 square foot facility and recreation center, has two indoor NHL–sized rinks, a smaller outdoor rink, a sports therapy training area and a pro shop. The facility serves as home to two youth hockey organizations, including the Long Island Gulls Amateur Hockey Association and the New York Junior Bobcats, and hosts skating lessons, camps and clinics.
Earlier this year, the $52 million privately funded ice skating facility filed for bankruptcy but did not default on its obligations to Nassau County. An auction to sell Twin Rinks’ assets – including its 50-year licensing agreement with Nassau County – was held last week by the U.S. Bankruptcy Court. The Court has assigned the current license to winning bidder Twin Rinks Acquisition Company LLC, an entity controlled by Charles B. Wang, which will operate the facility and is contractually obligated to all the pre-bankruptcy terms of the license agreement.