NYC's Trump Ferry Point Off To A Great Start For...Trump

Rich Calder of the New York Post says Trump Ferry Point is off to a fantastic start for Trump Golf.

While the Trump organization does have to build the course a $10 million clubhouse, as Calder notes, the early revenues will undoubtedly remind New Yorkers that Mayor Michael Bloomberg was severely out-negotiated for the right to manage their city-developed course.

The $237 million Trump Golf Links at Ferry Point hosted 28,291 rounds between its April 2015 opening and the end of March, netting nearly $3.8 million in greens fees for the presumptive Republican presidential nominee, city records show.

Including other revenues — such as $615,412 from merchandise sales and $514,223 from golf-cart rentals — Ferry Point’s gross receipts totaled $8.07 million, topping all city-owned courses.

Under an unprecedented 20-year lease handed out during the Bloomberg administration, Trump doesn’t have to pay the city a cent the first four years Ferry Point is open, records show.