Tags: Donald Trump | revenue | trump | bronx | golf course

Revenue at Trump's Bronx Golf Course Down $1 Million

Image: Revenue at Trump's Bronx Golf Course Down $1 Million
(Victor J. Blue/Bloomberg via Getty Images)

By    |   Thursday, 01 Jun 2017 02:40 PM

A New York City golf course owned by President Donald Trump's company saw its revenues fall by almost 13 percent last year, and course officials are blaming bad weather.

Trump Golf Links at Ferry Point is nestled in the Bronx at the southern end of the Hutchinson River Parkway. Its gross revenue from April 2016-March 2017 was $7.04 million — a 12.7 percent drop from the $8.07 million it took in the previous year.

The Trump organization's executive vice president for management and development Ron Lieberman told the New York Post the drop is because of inclement weather.

There was a "15 percent increase" in "inclement weather forecasts," he said, a factor that forced golfers to avoid heading out in the rain.

"We're extremely pleased with the success the course has had and the accolades it has received nationwide since it opened," Lieberman added.

The course was designed by golf legend Jack Nicklaus and cost $237 million to build. The number of rounds played dropped from 28,291 to 26,127 in the above mentioned timeframe, resulting in a decrease in greens fees paid of more than $400,000, according to the Post.

Geoffrey Croft of NYC Park Advocates told the Post the drop in revenue is because of Trump's politics, and added that the expensive greens fees — $146 on weekdays and $175 on weekends — also turned people away.

"No one can deny Trump's first six months as president have been controversial or that his policies have not played well with many New Yorkers," Croft said.

A mob of 200 people, meanwhile, went to Trump National Golf Club in Rancho Palos Verdes, Calif. last month to spell out "RESIST!" A group took an aerial photo of the demonstration and posted it on social media.

Trump National Golf Club in Virginia was vandalized in April by a person or a group of people who spray painted "resist" on a fairway.

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A New York City golf course owned by President Donald Trump's company saw its revenues fall by almost 13 percent last year, and course officials are blaming bad weather.
revenue, trump, bronx, golf course
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2017-40-01
Thursday, 01 Jun 2017 02:40 PM
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