Our View: There is no financial reason to wait
The Hudson Golf course situation presents city officials with a knotty problem, but, from a strictly financial point of view, the immediate development of the property is the only good option.
By now we’ve all heard the sad tale of the Hanson Bros. Golf Holdings and the inability to apparently make the golf course turn a profit. We also know about the covenant not to do anything to interfere with the operation of a golf course on the land for 10 years.