Abraham Gerges struck down a challenge by property owners, regarding the state's use of eminent domain, which allowed the private property to be condemned. Groundbreaking for the project occurred on March 11, 2010. The first concrete was poured into Barclays Center's foundation on June 29, 2010. The arena began vertical construction on November 23, 2010, with the erection of the first steel piece. The arena topped out on January 12, 2012, and was opened to the public on September 21, 2012. Barclays Bank agreed to a 20-year naming rights agreement for $400 million in 2007. However, two years later, due to the slump in the economy the deal was renegotiated to $200 million. The New York Islanders of the National Hockey League (NHL) announced on October 24, 2012, that the franchise would move to Barclays Center in 2015 after the expiration of their lease at the Nassau Veterans Memorial Coliseum, which the team had called home since its inception in 1972. The deal did not require the involvement of the New York Rangers, as the Islanders' agreement with the Rangers to share the New York area allows them to play their home games anywhere on Long Island, including the two city boroughs on the island, Brooklyn and Queens. While Barclays Center was conceived as a multipurpose arena that could accommodate the Nets and an NHL team, it was built mainly for basketball. While it can accommodate an NHL-size rink, the scoreboard was off-centered above the blue line that is closer to the arena's southeast end. Capacity for hockey is 15,795, the second-smallest in the league (behind Winnipeg's Canada Life Centre). The seating arrangement for hockey is asymmetrical. There are only three rows of permanent seating on the northwest end of the arena, and at least 416 seats will not be sold at all due to poor sight lines. As a result of the signing of the lease, the two KHL games scheduled to be played in the arena on January 20 and 21, 2013 between Dynamo Moscow and SKA St. Petersburg were moved back to their teams' home venues. As part of the deal, the management of the Barclays Center took over the business operations of the Islanders when the team moved to Brooklyn, though Charles Wang remained principal owner and continued to oversee hockey operations. This arrangement continued after Wang sold controlling interest in the Islanders to Jon Ledecky