Business in the Burbs

Alpine Capital finances Pound Ridge golf course

June

Alpine Capital Bank of Manhattan has made its first major investment in Westchester County by lending $15 million toward the construction and permanent financing of the new Pound Ridge Golf Club, bank spokeswoman April Rudin said. Alpine has assets of $250 million and headquarters on Fifth Avenue. Golf club owner Ken Wang and his family have known the bank for some time, an Alpine statement said. The golf course, which cost an estimated $50 million, opens to the public Wednesday.

This entry was posted on Tuesday, June 24th, 2008 at 4:14 pm by Jerry Gleeson.
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