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Islanders' new home to be called UBS Arena

Construction at the new Belmont Park arena for the New York Islanders, as shown on May 26 in Elmont. Credit: Howard Schnapp

The Islanders' new home will be called UBS Arena.

The name of their Belmont Park arena was disclosed to Newsday by Islanders co-owner Jon Ledecky and Oak View Group chief executive officer Tim Leiweke Wednesday morning.

Leiweke said UBS has a long-term agreement for the arena naming rights, but declined to say how much the deal is worth or how long it will last.

UBS, a global bank headquartered in Switzerland, describes itself as "a global firm providing financial services in over 50 countries.