Trump Slump. Revenue and play were down during the second year at Trump Golf Links At Ferry Point Park. In 2015 the de Blasio administration quietly allowed Trump to dramatically raise fees - already the highest in the City - before the taxpayer built course even opened.
The golf course collected zero dollars in broadcasting or sponsorship revenue according financial documents submitted to the city and obtained by NYC Park Advocates.
By Geoffrey Croft
The public played thousands of fewer rounds of golf at Trump Ferry Point while the Mayor Bloomberg-era gift to Donald Trump facility continues to raise prices, already the most expensive public course in the city by multitudes.
Revenue fell more than a million dollars, dropping 13 % in its second year of operation according to financial documents obtained by NYC Park Advocates.
The tax-payer built luxury course grossed $ 7, 046, 215, compared to $8,072, 529 the previous year, a decrease of one-million, twenty-six thousand, three hundred and fourteen dollars, during the second of Trump's sweetheart deal with the City of New York.
The public played 26, 127 rounds the second year compared to 28, 291 the previous year, a decrease of 2, 164 rounds.
Revenue from greens fees dropped from $ 3.8 million the first year to 3,380.333 the second year, an 11 percent decrease.
Trump is still continuing to make out like a bandit in the Bronx at the taxpayers expense.
Trump Golf Links At Ferry Point Park is required pay the city nothing through the first four years of his 20-year contract.
Ferry Point is the highest grossing municipal golf course for the second straight year due to the sky-high prices.
In 2015 the “progressive” de Blasio administration quietly allowed Trump to dramatically raise fees - already the highest in the City - before the taxpayer built course even opened.
Trump is allowed to charge more than four times what other city public courses are allowed to. Trump is also permitted to increase green fees annually according to his agreement which he has done again.
Greens fees during the week are now $146.00, and $175.00 on weekends compared to $144.00 during the week and $172.00 respectively in 2015 during the first year of operation. By comparison the highest rate for greens fees charged at other city public courses during the week is $ 41 dollars, and $ 51 on weekends. Non-residents pay an additional $8.00 dollars.
Non-residents playing at Trump get bilked even further. Prices for a round of golf during the week is now $ 201.00, and $ 227.000 on weekends compared to $194.00 and $ 219 dollars respectfully in 2015 during the first year of operation. The original contract signed by Donald Trump's Ferry Point Partners for green fees in 2013 allowed him to charge $100 for a round of golf (Monday-Thursday), and $125 on weekends and holidays.
He was also allowed to charge non-residents $25 more on weekends without the approval of Parks or the city.
Rates for military personnel were raised $ 4 dollars per round this year. Active military are now expected to pay the “discounted” $ 94 dollar rate.
Juniors (under 16) during the week are being charged a whopping $ 60 dollars compared to the city-wide rate of $ 7.75. Non-residents pay $ 93 dollars. The Trump rates are high above the $35 for juniors specified under his original contract.
During the golf course's first two years seniors were penalized even more - they were charged almost five times more than at other “municipal” courses. They had to cough up $ 140 dollars for a round compared to $ 24 dollars city-wide. The “discounted” rates for seniors is not available on weekends and holiday’s.
Trumps’s original contract stipulated that seniors would pay $55 dollars.
The high prices continue to keep seniors away. Play fell from 1,706 rounds to 1,535, a decrease of 10 percent. Seniors accounted for just 6 % of rounds played - teeing off only 1,535 rounds out of 26, 127 during the course’s second year of operation.
Seniors who don't live in NYC get bilked even further - they are required to pay $ 136 a round.
Despite repeated requests the NYC Department of Environmental Protection refused to provide updated figures.
The publicly funded project cost close to $ 230 million dollars, the most expensive municipally built golf course in the nation.
Trump is required to invest $10 million to build a clubhouse which is required to begin this year. The facility is expected to bring significantly more revenue to Trump.
(Photos: Geoffrey Croft/NYC Park Advocates) click on images to enlarge.
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