The Real Deal New York

Trump golf course to cost $236M: report

If figure is accurate, price tag will be ten times original estimate
April 13, 2014 10:00AM

Donald Trump’s public golf course in the Bronx is now projected to cost $236 million to complete, more than 10 times the original cost when construction began in 2000.

The cost includes $18.4 million for the 190-acre golf course itself, plus another $54.6 million for 30 acres of new adjacent parkland and a waterfront esplanade. These rising costs will make Ferry Point one of the most expensive golf courses ever built.

The Parks Department has been building Trump Golf Links at Ferry Point for 14 years at the foot of the Whitestone Bridge in the Bronx. The course is being financed by taxpayer dollars.

Parks Department officials dispute the estimates, claiming that although construction costs have escalated, the course itself will cost just $127 million.

City Hall selected Trump to operate the course, which is scheduled to open spring 2015, two years ago. [NYDN] —TRD

  • KG18

    The place was a toxic dump before. Those are expensive to clean up. Do they think it’s cheap?

  • Franz Fischer

    Trump should sell couple of his properties to finance this project like Briar Hall Country Club which he bought at an auction dirt cheap. He is too smart and he can out smart most people. I never trusted him.

    • realposter

      why should he? he’s not the one who built it… The city built it – he’s just being selected to run it – after making a competitive bid. This is somewhat similar to Woolman’s Rink.