Pete Dye Club Partner Backs Out

Summary


The Pete Dye Golf Club in Bridgeport has lost its partner for a $40 million plan for residential development around the course.

"It doesn't make economic sense for us to pursue the deal," said Stephen Schram of Dolan Pollack & Schram Development Co., the developer of The Greenbrier Sporting Club.

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Extract


Pete Dye Club Partner Backs Out

That's a different tune than September 2002, when Greenbrier President and Managing Director Ted Kleis...

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