Word: wasserman
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...iconic building behind the 18th green, Wasserman Real Estate Capital, based in Providence, R.I., is selling 23 serviced apartments for $10 million to $16 million apiece in a project it calls St. Andrews Grand. And on a bluff overlooking the town, billionaire developer Tim Blixseth is planning a course that will form part of an opulent time-share program, Yellowstone Club World, that gives members access, via a fleet of three private jets, to nine sites around the world, including St. Andrews. Membership starts at $3 million. The town's existing North American--owned luxury hotels--Kohler...
...rooms come to a town that views golf as an Everyman's game and itself as the guardian of that ethos? The Old Course is a muni run by a charitable trust, which charges locals $250 a year for unlimited access (visitors pay the same price for one round). Wasserman's St. Andrews Grand markets itself on the back of the Old Course's history, but its occupants, because they are not full-time residents, will not have discounted or privileged access to the Old Course (nor will Yellowstone members). Instead, Wasserman is negotiating access to other, lower-profile courses...
...DEBBIE WASSERMAN-SCHULTZ, a Florida Representative, on the progress of Democrats who are determined to end the Iraq...
...progress. They were unsuccessful at speeding up construction or reining in costs. By January 2007, when the Democrats took over Congress, the CVC's budget had reached $592 million and its completion date had been set back to June 2008. The House began hearings again, this time under Wasserman Schultz. At April's hearing she was told the budget would likely surpass $600 million and the final date would be September 2008. To say that Wasserman Schultz is frustrated over the project is an understatement. "I don't have the ability to see when the center will open," she says...
...Lawmakers disagree over why the center's construction is so delayed and expensive. Both Kingston and Wasserman Schultz say the job was just too big for Alan Hantman, the Architect of the Capitol until he retired in February. A spokesman for the Architect of the Capitol declined comment. But Kingston also blames poor management by Congress. "Members delegated this project to their staffs - there was no adult supervision," he says. "And the whole thing is an example of wants versus needs. Do we really need three more auditoriums in Washington? The largest cafeteria in Washington? A tunnel that links...