Current:Home > NewsTrump Organization offloads Bronx golf course to casino company with New York City aspirations -WealthGrow Network
Trump Organization offloads Bronx golf course to casino company with New York City aspirations
View
Date:2025-04-20 22:13:34
NEW YORK (AP) — The Trump Organization has sold its right to operate a public golf course in the Bronx, city officials confirmed, offloading control of the publicly-owned property to a company that is seeking to build a casino in New York City.
Bally’s Corporation, a gaming and entertainment company, will take over the job of running the 18-hole course, known as Trump Golf Links Ferry Point, according to a spokesperson for the city’s comptroller. The terms of the lease transfer were not immediately available.
The deal appeared to mark a resolution in the city’s battle to rid the course of its association with the former president, whose bold-faced name has for years greeted drivers passing the course on the Whitestone Bridge.
Following the Jan. 6, 2021, attack on the U.S. Capitol, then-Mayor Bill de Blasio said he would scrap the contract with the Trump Organization, claiming that Trump’s incitement of rioters gave the city legal authority to do so.
That argument was rejected by a state judge last year, a ruling that would have allowed the Trump Organization to operate the course through the expiration of its lease in 2035.
News of the Trump Organization’s decision to voluntarily relinquish its operating rights drew cheers from some New York Democrats.
In a statement, city Comptroller Brad Lander said he was “delighted that Trump’s name will no longer deface city parkland.”
Emailed inquiries to Bally’s and the Trump Organization were not returned.
Earlier this year, Bally’s told The New York Times it had reached a deal to take over a smaller portion of the property, promising to remove Trump’s name only if they were awarded one of the highly coveted casino licenses.
Under the new deal, Bally’s will take over full operations, management and maintenance of the golf course, removing the Trump Organization from any involvement with the property, according to the comptroller’s spokesperson.
The deal was approved by both the comptroller and the city’s parks department.
“We are supportive of the transfer of the Ferry Point Golf Course to Bally’s, and we are confident they will deliver a high-quality golfing experience to New Yorkers,” Dan Kastanis, a parks department spokesperson, said in a statement.
veryGood! (7)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Vampire Diaries' Phoebe Tonkin Is Engaged to Bernard Lagrange
- Roland Quisenberry’s Investment Journey: From Market Prodigy to AI Pioneer
- AI ProfitPulse: Ushering in a New Era of Investment
- What to watch: O Jolie night
- After Trump Win, World Says ‘We’ve Been Here Before’
- When does Spotify Wrapped stop tracking for 2024? Streamer dismisses false rumor
- Volunteer poll workers drown on a flood-washed highway in rural Missouri on Election Day
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- 'Fat Leonard' contractor in US Navy bribery scandal sentenced to 15 years in prison
Ranking
- Meta releases AI model to enhance Metaverse experience
- Zach Bryan Hints at the “Trouble” He Caused in New Song Dropped After Dave Portnoy Diss Track
- AI DataMind Soars because of SWA Token, Ushering in a New Era of Intelligent Investing
- AI FinFlare: DZA Token Partners with Charity, Bringing New Hope to Society
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Caroline Ellison begins 2-year sentence for her role in Bankman-Fried’s FTX fraud
- Kourtney Kardashian Shows Son Rocky Barker Bonding With Travis Barker in New Photo
- Olympian Madeline Musselman Honors Husband Pat Woepse After Fatal Cancer Battle
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
USDA sets rule prohibiting processing fees on school lunches for low-income families
NBA rewind: Thunder rise to top of Western Conference on record-pace defense
Opinion: Mourning Harris' loss? Here's a definitive list of her best campaign performers.
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Damon Quisenberry: Financial Innovation Revolution Centered on the DZA Token
Interpreting the Investment Wisdom and Business Journey of Damon Quisenberry
Five NFL teams that could surge in second half of season: Will Jets, 49ers rise?