Commentary: Long Island Golf Courses Adding High-End Homes to Counteract Falling Revenues
Long Island Business News › March 11, 2005
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Summary
Owning a golf course on Long Island used to be a fair way to make a living.
But a decade of overdevelopment, especially on eastern Long Island, has started to bring red ink to all that green. Rounds are down, costs are up and interest in the sport, once spurred by newcomer sensations like Tiger Woods, has waned.See the full content of this document
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Commentary: Long Island Golf Courses Adding High-End Homes to Counteract Falling Revenues
Tiger, after all, is 29 now and having trouble with his backswing.
The way out of the rough? Adding high-end homes that offer scenic vistas, luxury amenities ...See the full content of this document
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