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Cappelli Seeks A Country Club. Rules Out Any Residential Development. Posted on Thursday, June 14 @ 16:55:46 EDT by jfbailey

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WPCNR SOUTHEND TIMES. June 14, 2007: Louis Cappelli, always looking to enhance the Cappelli experience for his clients and guests and condominum buyers confirmed today to WPCNR in a written statement that he is seeking golf club partners within a 10-mile radius of  the White Plains "Ritz" to offer golf and amenities to guests and condominiumists residing at the Ritz Carlton Westchester, scheduled to open this fall.

Fore! Ahhhh the Amenities! To be at the Ritz. The Super Developer Seeks a Golf Club for His Guests.

The statement, Mr. Cappelli's spokesperson, Geof Thompson said was in response to "rumors" that Mr. Cappelli was going to purchase a country club in financial difficulty in the heart of the posh White Plains southend.  Mr. Thompson issued the following statement on behalf of Cappelli Enterprises, which stops short of  naming an opportunity of interest, and said that any purchase or arrangement would rule out new residential development.

When asked if Mr. Cappelli was in talks with the club mentioned in the rumor, Mr. Thompson said "we are not going to address that question." The statement to wit is as follows:



LC Main, LLC, as owner of the Ritz-Carlton, Westchester is actively talking to a number of different golf clubs within a ten-mile radius of the hotel and is actively seeking various other opportunities that have the potential to enhance and expand the services and amenities available to buyers of the condominium residences.

Golf courses and golf privileges are commonly offered to home buyers in new residential projects across the United States. Westchester County has long offered some of the best and most exclusive golfing opportunities found anywhere in the nation, and an ability to access these courses is a strong attraction.

Various possibilities for offering golf as an amenity to Ritz-Carlton, Westchester buyers are being explored.

Should a golf course venture be entered into, it would be for the sole purpose of being repositioned as a world class golf and tennis club, not for conversion as a residential development.

LC Main, LLC recognizes and respects that golf courses serve as open space amenities for the neighborhoods and communities in which they are located.


 
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The Mills Mall: A Playing, Buying Environment: Formidable Cappelli Competitor


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