SARASOTA SPRINGS, NY (Albany Business Review) — The owner of the Saratoga National Golf Club, Tom Newkirk, has purchased 14-acres of vacant land to help preserve the views at the 18-hole course in Saratoga Springs, New York.
Tom Newkirk built Saratoga National into one of the top public golf courses in the country, and was the high bidder during a two day auction held in January. The outcome of the auction was not made public until now, a week after the deal closed.
Saratoga National bought the property on Meadowbrook Road for $99,000 from Tim Niedzwiecki, founder and president of Environmental Remediation Services Inc. in Rotterdam. The property was auctioned off by Auction Advisors in a New York City.
Joshua Olshin, managing partner at AuctionAdvisors, said in January that the land attracted offers from at least five bidders. One of those bidders was the city government in Saratoga Springs, which had been searching for a site to build a new fire station to serve the east side of the city. A third bidder from outside the region was interested in the property as a potential location for constructing a single-family home.
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AuctionAdvisors, based in the New York metropolitan area, is a full-service auction company. With strategically located offices around the country, AuctionAdvisors services clients in the disposition of assets. Please contact AuctionAdvisors at 800.862.4348 or visit www.auctionadvisors.com for more information and a complete list of auctions.