 Zuckerman lost $17 million as a result of the deal's cancellation, while the MTA was able to sever its strained relationship with Zuckerman.By October 1994, the MTA was deciding whether to keep using the Coliseum or to proceed with trying to find a buyer.In the late 1990s, another attempt to sell the Coliseum was made, this time to an investment firm headed by Israel Englander, who proposed to build luxury apartments and a ballroom on the site.