Greenburgh’s Elmwood Country Club sold for $13M

TRD New York /
Aug.August 24, 2017 04:57 PM
Elmwood Country Club in Greenburgh has been sold to a New Jersey real estate development firm. The 100-acre club is the second large parcel of Westchester land bought by Ridgewood Real Estate Partners this summer. The Florham Park-based firm bought the vacant Philips Research North America in Briarcliff Manor for $12.2 million in July, and Jonathan Grebow, president and CEO of Ridgewood told the Westchester Business Journal that they plan to redevelop the 100-acre campus into a residential development. The Elmwood club, previously owned by its members, filed notice with New York State that it would layoff its 76 employees by the end of September. [WBJ]

Related Articles

arrow_forward_ios
Finger and Finger principal Kenneth Finger and landlord activist Jeff Hanley with Westchester (Credit: iStock)

Westchester group lobs its own constitutional challenge to New York’s rent law

Lana Zakocela and Justin Etzin in front of their former New Castle home (Credit: Getty, Zillow)

The Seychelles to auction off estate at a discount after diplomat’s divorce

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Paul Simon’s Connecticut estate is on the market for $14M

Paul Simon’s Connecticut estate is on the market for $14M

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

This new bill is taking aim at property taxes for golf courses — including Trump’s

This new bill is taking aim at property taxes for golf courses — including Trump’s

Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

arrow_forward_ios
Loading...