PLEASANTVILLE GOLF CLUB

Pleasantville, New York

Description:

+36 acre 9-hole golf course for residential development

Approvals:

Obtained a zoning change and all necessary approvals to develop 72 townhouses, keeping the golf course in place. The process included a Draft Environmental Impact Statement (DEIS), a Final EIS (FEIS), a Supplemental EIS and the development of detailed plans and specifications for the project.  Obtained all permits and approvals for +$2.0 million.

SUMMARY STATISTICS

YEAR PURCHASED: 1987

PURCHASE PRICE: $1,875,000

YEAR SOLD: 1989

SALE PRICE: $8,050,000