Current:Home > reviewsTrump Organization offloads Bronx golf course to casino company with New York City aspirations -Global Finance Compass
Trump Organization offloads Bronx golf course to casino company with New York City aspirations
EchoSense Quantitative Think Tank Center View
Date:2025-04-08 11:14:34
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! (627)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- FTX investors fear they lost everything, and wonder if there's anything they can do
- U.N. says Iran on pace for frighteningly high number of state executions this year
- See RHONJ's Margaret Prepare to Confront Teresa and Danielle for Trash-Talking Her
- Retirement planning: 3 crucial moves everyone should make before 2025
- You’ll Get Happy Endorphins Seeing This Legally Blonde Easter Egg in Gilmore Girls
- Maryland is the latest state to ban TikTok in government agencies
- Why Olivia Culpo and Padma Lakshmi Are Getting Candid About Their Journeys With Endometriosis
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Tearful Ed Sheeran Addresses Wife Cherry Seaborn's Health and Jamal Edwards' Death in Docuseries Trailer
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Israel strikes Gaza homes of Palestinian Islamic Jihad militants, killing commanders and their children
- Video games are tough on you because they love you
- Gwyneth Paltrow Appears in Court for Ski Crash Trial in Utah: Everything to Know
- Louvre will undergo expansion and restoration project, Macron says
- A kangaroo boom could be looming in Australia. Some say the solution is to shoot them before they starve to death.
- This Detangling Hairbrush With 73,000+ 5-Star Amazon Reviews Is on Sale for $12
- Padma Lakshmi’s Daughter Krishna Thea, 13, Is All Grown Up in Glamorous Red Carpet Moment
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Find a new job in 60 days: tech layoffs put immigrant workers on a ticking clock
Fired by tweet: Elon Musk's latest actions are jeopardizing Twitter, experts say
Why false claims about Brazil's election are spreading in far-right U.S. circles
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
More than 200 dead after Congo floods, with many more missing, officials say
Emma Chamberlain Sets the Record Straight on Claim She’s Selling Personal DMs for $10,000
Everything We Know About Yellowjackets Season 2