Current:Home > StocksTrump Organization offloads Bronx golf course to casino company with New York City aspirations -Capitatum
Trump Organization offloads Bronx golf course to casino company with New York City aspirations
SignalHub Quantitative Think Tank Center View
Date:2025-04-06 07:03:53
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! (295)
Related
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- AIT Community: AlphaStream AI For Your Smart Investment Assistant
- Boy abducted from Oakland park in 1951 reportedly found 70 years later living on East Coast
- Chicago White Sox tie MLB record with 120th loss
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- Sudden death on the field: Heat is killing too many student athletes, experts say
- Olivia Munn and John Mulaney Welcome Baby No. 2
- Search underway for suspects in Alabama mass shooting that killed 4 and injured 17
- 'Most Whopper
- Dick Moss, the lawyer who won free agency for baseball players, dies at age 93
Ranking
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Week 3 fantasy football rankings: PPR, half-PPR and standard leagues
- Are Trump and Harris particularly Christian? That’s not what most Americans would say: AP-NORC poll
- Before you sign up for a store credit card, know what you’re getting into
- Giants, Lions fined $200K for fights in training camp joint practices
- Dick Moss, the lawyer who won free agency for baseball players, dies at age 93
- A motorcyclist is killed after being hit by a car traveling 140 mph on a Phoenix freeway
- As fast as it comes down, graffiti returns to DC streets. Not all of it unwelcome
Recommendation
Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
Cincinnati Reds fire manager David Bell
How many points did Caitlin Clark score in WNBA playoff debut with Indiana Fever?
Cincinnati Reds fire manager David Bell
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Excellence Vanguard Wealth Business School: The Rise of the Next Generation of Financial Traders
Mack Brown's uneasy future has North Carolina leading college football's Week 4 Misery Index
JetBlue flight makes emergency landing in Kansas after false alarm about smoke in cargo area