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Results for November 2009
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'People Are Cutting Golf Out of Their Diets"
Roger Vincent had a story in Sunday's Los Angeles Times about the difficult state of the golf course and golf real estate business in this country. Having read a similar version of this story more than once in the last...
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Long Island Club, Wrecked by Madoff, Finds Buyer
North Shore CC, a 95-year-old club on Long Island that was decimated by the Bernie Madoff scandal and facing possible closure, has found a savior. Don Zucker, a New York real estate developer, has offered to buy the club from...
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Ballamor Opening For Public Play
Ballamor, an Egg Harbor, N.J., private club that opened in 2001, has declared Chapter 11 bankruptcy protection. Starting next year it will become a daily-fee public course, the Press of Atlantic City is reporting.The problem has simply been a lack...
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Moonlight Basin Files Chapter 11
Moonlight Basin, a high-end golf-and-ski resort with a partially completed Jack Nicklaus course (pictured), has filed for bankruptcy protection. So reports New West. The move came just one day before a foreclosure that would have handed the keys of the...
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Rich Folks Live Near Trump Course
We got an email this week from Donald Trump with a photocopy of this Washington Post story attached. Dated Nov. 7, it concerns Loudoun County, Va., and the many yuppies living there.A study found, as the article notes, that the...
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Amelia Island's Bankruptcy Filing
Amelia Island Plantation has filed for Chapter 11 bankruptcy protection, the Associated Press is reporting. The Florida resort said in court documents it would not have enough cash on hand to meet payroll this Friday without help from a group...
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Waverly Oaks Deal On Hold
Waverly Oaks Golf Club in Plymouth, Mass., was supposed to be plowed under before Christmas. The plan was to turn the daily fee course into a 240-acre movie and TV studio—a "Hollywood East" that would be known as Plymouth Rock...
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Omaha's Ironwood CC to Close
Ironwood CC, one of the oldest golf clubs in Omaha (founded in 1924, and originally called Highland CC) will close at the end of this year, unable to make the debt payments on a huge loan it took out in...
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The Twisty Tetherow Tale
The short history of Tetherow -- a high-end golf community in Oregon with a highly regarded David McLay Kidd-designed course -- has more than its share of twists and turns. Here's an article in the Bend Bulletin that'll bring you...
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