Donald Trump’s name will be removed from a city-owned golf course in the Bronx, following a years-long battle between the ex-president’s Trump Organization and the city. Casino and entertainment company Bally’s, who has bid to erect a casino in the Bronx, has purchased the license to operate the Trump Golf Links at Ferry Point, a 180-acre golf course operated by Trump’s company.
The golf course is expected to be renamed to Bally’s Links, reports the New York Post. While the price of the transaction hasn’t been disclosed, it is expected to close on Tuesday and was reportedly worth tens of millions of dollars to buy out the remainder of the 20-year lease that began in 2015.
“It’s time that we move forward and transform the Trump Golf Links at Ferry Point into something that offers the local community and The Bronx an opportunity to see real economic prosperity and inclusivity,” said New York City Council Member Marjorie Velázquez in a statement.
In addition to taking over the lease, Bally’s plans to purchase the 17 acres that the golf course sits on and has agreed in turn to buy 17 acres near the site that it will donate to the city’s Parks Department, which will require state approval.