Official notice has been given that Elmwood Country Club in Greenburgh intends to sell its property according to a club management filing with the NY Department of Labor (NY DOL), which includes notice that the club will lay off 76 employees by September 30.
The 120-acre property has been listed for sale for some time. Information provided to potential buyers by Keen-Summit Capital Partners, LLC, said that the club had 250 members and total revenue of $6.5 million in 2016.
The membership owned the club, although a small portion of the land was leased. The nearly 6,700-yard golf course was designed by A.W. Tillinghast and had recently undergone some renovations that included the construction of a new par-three hole with additional tee boxes. Part of the course is also in the path of some high tension power lines that mar an otherwise well-designed layout. Other amenities on the property include a large, classic clubhouse with restaurant and banquet facilities, tennis courts, and an Olympic-sized swimming pool.
Details of the sale including plans for the property have not been announced, and it’s worth noting that the NY DOL notice doesn’t necessarily mean the club is permanently closing, simply that ownership is changing and the current operation will cease. The property is zoned for residential use.