It's good to be Jack: Golden Bear in talks to take over historic castle
Arnold Palmer is the King, but it's the Golden Bear that may reside in a castle.
Jack Nicklaus confirmed at Augusta National to Newsday that his business group is in discussions to take over Oheka Castle in Long Island, New York. The estate, as well as Cold Spring Country Club, would be turned over to Nicklaus and developer Stanley Gale in a 99-year-lease.
Oheka Castle is the second-largest house in the United States behind the Biltmore in Asheville, North Carolina, and has been featured in movies like Citizen Kane and It's Kind of a Funny Story. Under the proposed deal, Nicklaus's company would funnel $20 million in improvements to the golf course -- which is a Seth Raynor design -- and would transform Oheka Castle into its clubhouse.
According to Newsday, Nicklaus will view Cold Spring course “like a raw piece of property.”