Trump Org. announces sale of New York City golf course – KAKE

(CNN) — The Trump Organization said it sold its lease for a New York golf course with sweeping views of Manhattan to Bally’s Corporation, ending several years of controversy.“While we had no prior intention of selling this trophy asset, Bally’s Corporation stepped in and made us an exceptional offer,” said Eric Trump, the middle son of former President Donald Trump, in announcing the sale of Trump Golf Links at Ferry Point Park. The former president and the New York City parks department reached the deal assigning the lease to Bally’s late last month, according to a person familiar with the deal. The New York City comptroller reviewed and registered the deal last week and Donald Trump announced on Tuesday that Bally’s would assume operations immediately. Trump’s operation of the golf course came under scrutiny following the January 6, 2021, attack on the US Capitol with the PGA and others pulling tournaments from Trump properties citing the former president’s rhetoric that day.When New York city officials tried to terminate the Trump Organization from the licensing deal, which it has had since 2012, the company sued for breach of contract of the lease and ultimately won. The city never appealed the decision
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