It would not be proper to air them in a public forum and definitely not in the spirit of what Ran had in mind with this discussion group.
Daryl,
Please see the following:
1. Lido Golf Club - now a row of condominiums in Long Beach, NY.
2. Timber Point - now 27 holes on top of the original 18 on the south shore of Long Island.
3. Hollywood GC - still a great course but please see the aerial in the Men's Grill of what was there.
4. Lekarica - Stiles and Van Kleek that is now a $25 public course.
5. Yale Golf Course - Which has been rescued.
Filled in bunkers, shrinking greens, and planting of trees. Should we simply wait to see the great architecture disappear?
Ballyneal had a membership that supported golf at its very finest. Even Melvyn would approve!
The Founding Members put in $5.0 million, the current owner put in $5.0 million +. The Founding Members currently own 0.00% of the equity and 0.00% of the debt. The current owner, brother-in-law, put in $5.0+ million and owns 100%. Let's ignore the regular members for this conversation.
Did I miss anything?
Oh right, the 99 year lease on the housing. I have to admit, I did not understand that one.
Forgot that they announced less than one year ago that they were building a second 18 hole course. Less than 12 months later, it is being purchased in state court?
My wife recently received a check for $5000 for a club that her parents were "founding members" of in the 1950's. The estate made $0.00 on that investment 50+ years later and that is a good thing.
Please feel free to correct any of the above.