Trump golf course to cost $236M: report

If figure is accurate, price tag will be ten times original estimate

New York /
Apr.April 13, 2014 10:00 AM

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


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
Hamptons’ priciest summer rental to host MAGA extravaganza next month
1065-1075 Gerard Avenue in the Bronx 
Prana pays Related $36M in Bronx multifamily play
Prana pays Related $36M in Bronx multifamily play
Eli Weiss and a rendering of 3875 9th Avenue
Developers land $414M for Inwood project after waiting out rezoning fight
Developers land $414M for Inwood project after waiting out rezoning fight
Josh Kushner, Jared Kushner and Donald Trump
The other Kushner is the billionaire mogul to watch
The other Kushner is the billionaire mogul to watch
Redeemer’s Timothy Keller and 150 East 91st Street (Getty, Google Maps, Redeemer)
Redeemer Presbyterian’s UES development plans vex co-op residents
Redeemer Presbyterian’s UES development plans vex co-op residents
A photo illustration of Peter Fine and 1959 Jerome Avenue (Getty, Google Maps)
Peter Fine to build 333 units in the Bronx
Peter Fine to build 333 units in the Bronx
275 Atlantic Avenue (Illustration by Kevin Cifuentes for The Real Deal with Getty Images, Thomson200/CC0/via Wikimedia Commons)
Brooklyn leads NYC in demolition permits — by a wide margin
Brooklyn leads NYC in demolition permits — by a wide margin
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...