Difference between revisions of "Golf Courses"

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== Trump National Golf Club Westchester ==
 
== Trump National Golf Club Westchester ==
[[Trump National Golf Club Westchester]]
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Donald Trump purchased the land that he developed into [[Trump National Golf Club Westchester]] in 1995 for $8 million. The course opened for play  in 2002. Trump reported the course's value at greater than $50 million in his 2016 financial disclosure. In a tax appeals designed to lower the assessed value of the course, Trump's attorneys have argued that its actual value  was as low as $1.4 million. More recently, Trump has tried to convince local officials that the club is only worth $9 million. Trump's 2016 financial disclosure reported $10,313,031 of income from the course. Trump sued the contractors  who built the course, claiming they overcharged him. Trump won a $4 million verdict in 2005. Trump boasted in 2000  that his golf course was being developed "five minutes" from Bill Clinton's new home in Chappaqua and that Trump "would be happy to have him as a member."
  
 
== Trump National Golf Club Charlotte ==
 
== Trump National Golf Club Charlotte ==

Revision as of 15:23, 10 April 2017

    This page is currently under active development. Significant changes may appear as we add, modify or relocate its contents.

Donald Trump currently owns or operates 18 golf courses. Thirteen of Trump's golf courses are located in the United States. Five are located overseas in Ireland, Scotland or Dubai.

Golf Acquisitions LLC

Golf Productions LLC

Trump National Golf Club Los Angeles

Donald Trump bought the Trump National Golf Club Los Angeles in 2002 for $27 million. The course is located in the community of Ranchos Palos Verdes. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. This claim contradicts appeals Trump has made to lower the assessment value of the golf course to $14 million. Trump has reported two streams of income for his Los Angeles Golf Club. Golf related revenue was $15,635,196 in 2016. Land Sales accounted for $11,270,300 in 2016. Trump developed housing associated with the site, building fifty mansions worth millions of dollars each. Donald Trump has feuded with local officials and neighbors over illegally planted rows of ficus that obscured neighbors' views of the ocean.

Trump National Doral

Donald Trump purchased the iconic Doral golf course near Miami in 2011 for $150 million and promptly renamed it Trump National Doral. The deal was financed with a $125 million loan from DeutscheBank. DeutscheBank holds two mortgages on the property, worth more than $55 million. Both mortgages were issued in 2012 and mature in 2023. Invanka Trump reportedly led negotiations to purchase the course from the Winthrop Realty Trust. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. Trump has aggressively appealed for local officials to reduce the course's assessed value, most recently having its assessed value lowered to $75 million. Trump has reported that the course earned income of $131,892,107 in 2016. Trump's attorneys argued in a 2014 tax challenge that the golf resort actually lost $2.4 million. Trump reported $49,448,432 of income for Trump National Doral in his 2015 financial disclosure.

Trump National Golf Club Jupiter

Donald Trump purchased Jupiter's Ritz-Carlton Golf Club & Spa in November of 2012 for an undisclosed sum, renaming it Trump National Golf Club Jupiter. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. This valuation conflicts with claims Trump has made to local officials, where he has argued the course should be considered worth "no more than $5 million" for the purpose of assessing local property tax rates. Trump reported income of $17,903,803 for the course. Trump lost a federal lawsuit brought by former members of the club in February of 2017. When Trump purchased the club, the plaintiffs had been members of its "resignation list" - club members who had expressed an intention to leave the club, but were unable to resign until new members had been recruited to replace them. After assuming ownership of the club, Trump denied members on the resignation list access to the club, but continued charging them membership fees and refused to return their deposits. A judge has ordered the Trump Organization to pay the former members more than $5 million in damages. Trump's golf club in Jupiter is one of several Trump properties that has applied to hire foreign seasonal workers through the H2B visa program.

Trump International Golf Club West Palm Beach

Donald Trump acquired and began development of Trump International Golf Club West Palm Beach in 1999, for a reported cost of $40 million . Trump developed the course on land he leased from the local government. Trump obtained the lease in a legal settlement with local officials over airport noise above Mar-A-Lago. During development, local officials complained that Trump failed to honor terms of his contract requiring the use of minority contractors. When the course opened in 2000, golfers complained about being heckled by inmates of the Palm Beach County Jail , which overlooked the course. Trump claimed that the course was worth between $25 million and $50 million in his 2016 financial disclosure. Trump most recently reported $17,510,455 of income for the course. Trump's golf club in West Palm Beach is one of several Trump properties that has applied to hire foreign seasonal workers through the H2B visa program.

Trump National Golf Club Bedminster

Donald Trump purchased Trump National Golf Club Bedminster, then an unfinished golf course at Bedminster, in 2002 for less than $35 million. Trump purchased the course from Fairways International, which had bought the land from the bankrupt estate of carmaker John DeLorean. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. Trump has reported income of $20,572,150 for the course. Trump has lowered his property taxes by grazing goats on the course in order to claim a local farmland tax exemption. Trump applied to local zoning officials for permission to build a family crypt on the course in 2007. The proposal was later withdrawn, but the Trump Organization resubmitted plans for a cemetery in March of 2017. Trump's golf club in Bedminster is one of several Trump properties that has applied to hire foreign seasonal workers through the H2B visa program.

Trump National Golf Club Colts Neck

Donald Trump acquired the Shadow Isle Golf Club in Colts Neck for $28 million in September of 2008, renaming it Trump National Golf Club Colts Neck. Trump claimed that the course was worth $50 million or more in his 2016 financial disclosure. Trump has reported income of $7,512,891 for the course. Amboy Bank holds a mortgage on the course worth between $5 million and $25 million. The mortgage was issued in 2008, matures in 2028 and has a 5.25% interest rate. Trump has lowered his property taxes by grazing goats on the course in order to claim a local farmland tax exemption. Local officials agreed to swap land with Trump in 2014, after unapproved upgrades on Trump's golf course encroached on protective easements held by the town. When local officials denied Trump permission to build a helipad on the golf course, he successfully appealed to courts and state officials to overrule their decision. Trump fought to divert millions of gallons of water from local reservoirs and aquifers to irrigate his course over the objections of local officials and residents. Trump's golf club in Colts Neck is one of several Trump properties that has applied to hire foreign seasonal workers through the H2B visa program. Trump's golf course at Colts Neck was sued for age discrimination by Edward Bals, a political supporter of Trump. Bals' case was dismissed in December of 2016 after a judge found the golf course had non-discriminatory reasons to have fired him. Karena Virginia, one of the women who accused Trump of sexual assault during the 2016 presidential campaign, at one time lived adjacent to Trump's golf course in Colts Neck. The couple had a dispute with Trump over trees planted on their property line.

Trump National Golf Club Philadelphia

Trump purchased the Pine Hill Golf Club on Christmas Eve of 2009 and renamed it Trump National Golf Club Philadelphia. Trump claimed that the course was worth between $5 million and $25 million in his 2016 financial disclosure. While the initial sales price was not disclosed, subsequent reporting indicates the club was acquired for $3.7 million. The club is technically owned by the borough of Pine Hill, exempting it from local property tax. Trump instead acquired a lease calling for him to pay $284,000 annual rent to the Borough of Pine Hill. After Trump acquired the club, he converted it from a semi-public to an exclusively private course. The club has been sued by a former employee alleging anti-gay discrimination.

Trump National Golf Club Hudson Valley

Trump reportedly purchased the Branton Woods Golf Club in Hopewell Junction New York on December 24, 2009, renaming it Trump National Golf Club Hudson Valley. Trump claimed that the course was worth between $5 million and $25 million in his 2016 financial disclosure. Trump does not technically own the golf course. Instead he holds a 99 year ground lease.

Trump Ferry Point

Donald Trump operates Trump Ferry Point, a golf course owned by the New York City Department of Parks & Recreation built upon a former landfill. Trump was awarded the contract to run Ferry Point in 2012. Trump paid no part of the course's $127 million development cost, but his contract specified he would spend $10 million to construct a club house. Trump's contract calls for him to eventually pay New York City a licensing fee to operate the course, but the contract exempted Trump from paying those fees for the first five years. Trump will ultimately be required to pay the City 7% of the course's gross revenue or a minimum annual fee of $300,000. The course at Ferry Point opened in April of 2015. The course was developed by a private firm named Ferry Point Partners and by contractors working for the New York City Department of Parks & Recreation. Trump's biographical video at the Republican National Convention falsely claimed that Trump had built the course at Ferry Point, with the video's narrator claiming "Donald transformed a landfill into a championship public golf course and saved the city millions." Trump continued to insist he had built the course, even as city officials publicly refuted him. The clubhouse - which Trump's contract does require to him build - had still not been erected by August of 2016. Trump has declared the value of his contract to operate the course between $5 million and $25 million. Trump's 2016 financial disclosure claimed the course earned $7,930,134. This figure seems to closely match figures Trump has reported to New York City.

Trump National Golf Club Westchester

Donald Trump purchased the land that he developed into Trump National Golf Club Westchester in 1995 for $8 million. The course opened for play in 2002. Trump reported the course's value at greater than $50 million in his 2016 financial disclosure. In a tax appeals designed to lower the assessed value of the course, Trump's attorneys have argued that its actual value was as low as $1.4 million. More recently, Trump has tried to convince local officials that the club is only worth $9 million. Trump's 2016 financial disclosure reported $10,313,031 of income from the course. Trump sued the contractors who built the course, claiming they overcharged him. Trump won a $4 million verdict in 2005. Trump boasted in 2000 that his golf course was being developed "five minutes" from Bill Clinton's new home in Chappaqua and that Trump "would be happy to have him as a member."

Trump National Golf Club Charlotte

Trump National Golf Club Charlotte

Trump National Golf Club Washington DC

Trump National Golf Club Washington DC

Trump International Golf Links Doonbeg

Trump International Golf Links Doonbeg

Trump International Golf Links Dubai

Trump International Golf Links Dubai

Trump World Golf Club Dubai

Trump World Golf Club Dubai

Trump International Golf Links Aberdeen

Trump International Golf Links Aberdeen

Trump Turnberry

Trump Turnberry

Failed Puerto Rico Golf Courses