Swiss bank UBS has struck an exclusive 20-year naming rights deal with Oak View Group, the New York Islanders, and Sterling Project Development for the $1.5 billion arena being built at Belmont Park in Elmont, NY -- just outside of Queens.
“We are excited to announce this long-term partnership with the New York Islanders and are proud to play a role in creating one of the country's premier sports and entertainment venues,” says, co-president UBS Global Wealth Management and president UBS Americas. “The New York City area is home to our Americas headquarters, thousands of our employees, and more UBS clients than any other US market.
“UBS Arena will stand as a beacon of strength, resilience, achievement and community, and we look forward to celebrating this milestone with our loyal fans,” said Jon Ledecky, co-Owner of the New York Islanders says. “We’re thrilled to be partners with UBS on this transformational project that will be so important to the New York economy for decades.”
Source: Law Daily Report (lawdailyreport.net)
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