Trump golf club in Bronx posts first loss since its opening

NEW YORK — President Donald Trump’s company posted annual losses at his golf course in the Bronx for the first time since it opened four years ago as expenses rose, greens fees barely budged and the opening of a clubhouse was delayed.The $122,127 loss is tiny for the multimillion-dollar Trump Organization, but it is another possible sign of trouble at its golf properties as the Trump brand faces blowback from customers turned off by the president’s politics. The company has also posted losses at its clubs in Scotland and Ireland and has struggled to grow at its biggest golf property, the Doral resort in the Miami area.The company said in a footnote to a financial statement filed with New York City that it would have turned a profit if not for a delay in the opening of its new clubhouse in June 2018. It said the delay was due to trouble with problems with an “inadequate gas pipe” that had been installed by the city, without elaborating.The Trump Organization did not respond to email, text and phone messages seeking comment. Exactly how much Trump’s businesses overall have been hurt is unclear, but plans for two new Trump hotel chains have been cancelled and several buildings owned by others have stripped the Trump name from their facades.A spokeswoman for the city parks department, which leases the land for the course, said it does not believe the city is responsible for any gas pipe trouble.The Trump Golf Links at Ferry Point has expansive views of the two giant bridges connecting the Bronx with Queens, and of the Manhattan skyline in the distance. Under a 20-year contract allowing Trump to operate the 192-acre links course, the city agreed not to charge the Trump Organization for water and sewage and, for the first four years, no rent. Next year, the company will have to pay rent of at least $300,000.Even with the breaks from the city, the Bronx club has struggled.Greens fees generated $3.1 million in the 12 months through March 2019, down 17% over four years. Banquet fees have plunged 40% to $464,076.The Trump Organization said that it would have made a profit of $420,782 if not for “expenses incurred in anticipation of a June 2018 opening of the new clubhouse,” without defining those expenses.Still, that “adjusted” profit is 18% less than real profits from the year before.Bernard Condon, The Associated Press read more

Mens volleyball No 1 Buckeyes take on Saint Francis for a second

Then-National Player of the Year Nicolas Szerszen (9) hits a ball at the net during a match against George Mason on Jan. 15.Credit: Courtesy of OSUThe top-ranked Ohio State men’s volleyball team (17-0, 8-0 MIVA) takes on Saint Francis University (8-9, 4-4 EIVA) for the second time this season on Friday at St. John Arena.After dropping three of nine sets to Grand Canyon University and seeing its first fifth set of the season on Sunday, OSU will look to add onto its historic 40-match win streak. Saint Francis comes to Columbus after picking up a pair of conference wins on Friday and Saturday.“I think we just have to kind of get back to our rhythm as much as anything,” coach Pete Hanson said. “I think that if we’re in our best state mentally and physically come Friday night, we’ll be okay.”Hanson added that the coaches are focusing on keeping the team fresh after a long road trip to Phoenix as the season approaches its midpoint. The last time the Buckeyes and Saint Francis Red Flash met was Jan. 20 when the Buckeyes swept the Red Flash in straight sets during their visit to Pennsylvania. During the match, junior outside hitter Maxime Hervoir hit a rate of .667 and had zero attack errors.Since the last time the teams met, freshman outside hitter Dejon Clark has seen more playing time, becoming a go-to server for Hanson. Clark, a Pickerington,Ohio, native, played in four of nine sets against Grand Canyon over the weekend. In 19 sets, Clark is serving at .829 efficiency.“I was surprised that I got that opportunity,” Clark said. “I’m glad that I can contribute in any way possible.”Also handling some of the serving duties for the Buckeyes was junior outside hitter Nicolas Szerszen. Szerszen ranks second nationally in aces per set and has tallied 42 service aces this season, adding to his career total that currently sits atop the school leaderboard.Szerszen is joined by two other teammates who sit in the second slot nationally in two other statistical categories. Senior opposite hitter Miles Johnson ranks second in points per set with 5.07, and senior setter Christy Blough ranks second in assists per set with 11.20.Senior opposite hitter Jeff Hogan remains a go-to target for the Red Flash, hitting better than all other team members at a rate of .225. Hogan also earned Eastern Intercollegiate Volleyball Association offensive player of the week honors on Monday.With a win on Friday, OSU will surpass Loyola University’s Midwestern Intercollegiate Volleyball Association record for longest win streak. The 47-match NCAA record is held by UCLA from the 1983-1985 seasons. The Buckeyes and the Red Flash clash on Friday at 7 p.m. in St. John Arena. read more