Trump’s Name Will No Longer ‘Deface’ NYC Golf Course
"Unlock the keys to your financial future and legacy –
Get it now -- https://shorturl.at/fjnKO "
-----------------------------------------------------------------------------------------------
Trump’s Name Will No Longer ‘Deface’ NYC Golf Course.
Former President Donald Trump’s name is coming off a golf course in the Bronx that had been the subject of a legal battle with the City of New York following the Jan. 6 insurrection at the U.S. Capitol.
Bally’s is buying Trump out of his lease, which allows him to operate Trump Golf Links at Ferry Point, sources familiar with the deal told ABC News.
Terms of the deal were not immediately clear but the sources said it’s well into the millions.
"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," the New York City Parks Department said in a statement.
The contract submission was given to the comptroller’s office from the Parks Department on Aug. 23. It was reviewed and registered in two weeks.
"I am delighted that Trump's name will no longer deface city parkland," New York City Comptroller Brad Lander said.
A representative for the Trump Organization declined to comment. Bally’s did not immediately respond to a request for comment.
Bally’s is expected to continue to operate Ferry Point as a golf course, which is partially visible from the Whitestone Bridge, but rename it, the sources said.
Trump is nine years into a 20-year lease that the city, under then-Mayor Bill de Blasio, tried to terminate after the riot at the US Capitol.A judge ultimately sided with the Trump Organization and reversed the city’s decision.
"It is almost certainly the case, as in most long-term relationships, contractual or otherwise, that the parties a decade ago, with a different -- third consecutive term municipal administration -- and underdeveloped parkland, did not foresee the breakdown in such relationship rendered adversarial, which is represented by the dispute herein," the 2022 decision said.
The deal with Bally’s is similar to the one Trump reached with Hilton to buy him out of his lease with the federal government to operate the old Post Office in Washington, D.C. It has since been converted to a Waldorf-Astoria property.
Get it now -- https://shorturl.at/fjnKO "
-----------------------------------------------------------------------------------------------
Trump’s Name Will No Longer ‘Deface’ NYC Golf Course.
Former President Donald Trump’s name is coming off a golf course in the Bronx that had been the subject of a legal battle with the City of New York following the Jan. 6 insurrection at the U.S. Capitol.
Bally’s is buying Trump out of his lease, which allows him to operate Trump Golf Links at Ferry Point, sources familiar with the deal told ABC News.
Terms of the deal were not immediately clear but the sources said it’s well into the millions.
"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," the New York City Parks Department said in a statement.
The contract submission was given to the comptroller’s office from the Parks Department on Aug. 23. It was reviewed and registered in two weeks.
"I am delighted that Trump's name will no longer deface city parkland," New York City Comptroller Brad Lander said.
A representative for the Trump Organization declined to comment. Bally’s did not immediately respond to a request for comment.
Bally’s is expected to continue to operate Ferry Point as a golf course, which is partially visible from the Whitestone Bridge, but rename it, the sources said.
Trump is nine years into a 20-year lease that the city, under then-Mayor Bill de Blasio, tried to terminate after the riot at the US Capitol.A judge ultimately sided with the Trump Organization and reversed the city’s decision.
"It is almost certainly the case, as in most long-term relationships, contractual or otherwise, that the parties a decade ago, with a different -- third consecutive term municipal administration -- and underdeveloped parkland, did not foresee the breakdown in such relationship rendered adversarial, which is represented by the dispute herein," the 2022 decision said.
The deal with Bally’s is similar to the one Trump reached with Hilton to buy him out of his lease with the federal government to operate the old Post Office in Washington, D.C. It has since been converted to a Waldorf-Astoria property.
Category
🗞
NewsTranscript
00:00 Trump's name will no longer "deface" New York City golf course.
00:04 Donald Trump's name will be stripped from a golf course in the Bronx after casino operator
00:09 Bally's bought Trump out of his lease, sources familiar with the deal told ABC News.
00:15 The deal for Trump Golf Links at Ferry Point, which has been front and center in a legal
00:20 battle with the city of New York following Jam 6, is well into the millions, the sources
00:26 said, but the exact terms remain unclear.
00:29 "We are supportive of the transfer of the Ferry Point golf course to Bally's, and we
00:33 are confident they will deliver a high-quality golfing experience to New Yorkers," the New
00:38 York City Parks Department said in a statement.
00:42 It's expected that Bally's will preserve Ferry Point as a golf course but rename it, according
00:46 to the sources.
00:47 "I am delighted that Trump's name will no longer deface City Parkland," New York City
00:53 Comptroller Brad Lander said.
00:55 The city initially tried to terminate Trump's lease after the Capitol riot, but a judge
01:00 overrode the decision.
01:02 A Trump Organization representative declined to comment to ABC News about the deal, and
01:07 Bally's did not respond to a request for comment.
01:11 [MUSIC]