Trump golf course to cost $236M: report

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

TRD 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

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

Michael Cohen and Donald Trump (Credit: Getty Images, iStock)

Trump exaggerated building values to get financing, tax documents show

The complaint claims that union officials discouraged him from investigating certain cases (Credit: iStock)

Whistleblower lawsuit accuses carpenters’ union of brushing off claims of corruption, fraud

From left: 305 East 47th Street and 286 River Avenue (Credit: Google Maps)

Here’s what the $10M-$30M NYC investment sales market looked like last week

Trump’s tax returns, Amazon gets into proptech: Daily digest

These real estate billionaires made Forbes’ list of richest Americans

arrow_forward_ios