New York club sold for $2.7 million

Central Valley Golf Club in Central Valley, New York, was purchased by real estate developer Wayne Corts, who renamed it Falkirk Country Club.
The club, purchased for $2.7 million, sits on 95 acres and was built in 1922. Corts plans $2 million in renovations, including a new pro shop, creating a winter sports area and extending the course. The extension will connect the course with Corts’s development of luxury residences, The Greens at Woodbury, which is adjacent to the golf course property.
Previously, Central Valley Golf Club was family-owned for 87 years. The family put the property up for sale when mounting property taxes became unmanageable. The club currently has 1,500 members and a banquet hall, The Inn at Central Valley. 

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