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Report: Islanders buy bankrupt Twin Rinks facility, plan for full time practice facility and offices

Plans have changed.

Hot off the Newsday presses comes word that Islanders owner Charles Wang has won his bid to buy the Twin Rinks facility at Eisenhower Park and has plans to convert the location into a full time practice space and offices for the team.

A bankruptcy court judge this afternoon will announce selection of Wang's $8 million cash bid for the assets of the privately operated Twin Rinks Ice Center, including a 30-year licensing agreement with the county, according to the sources, who requested anonymity until the process was finalized.