Ballamor Golf Club, an upscale, eight-year-old private club in Egg
Harbor Township, N.J., announced Friday it will begin operating as a daily-fee
course beginning Jan. 1, 2010, after filing for Chapter 11 restructuring earlier in the day.
"Ballamor has a bright future as a daily fee
club," Liz
Norton-Scanga, Ballamor’s
director of marketing, said in a press release. "The market for traditional
private club memberships has become severely limited due to the current
economic conditions. There was no way that Ballamor
could remain club and be a financially viable business."
Norton-Scanga could not be reached for comment but a Jersey Shore
golf insider, who knows Ballamor well and has followed the
club’s recent difficulties, said the Chapter 11 filing comes as a bit of a surprise
but not the move to daily fee.
"They’ve been running it
like a quasi-public course since it was sold last spring," said the insider.
A little background. Opened in 2001, Ballamor
is a Brian
Ault, Clark and Associates design, that in the past was named by New Jersey Golf
Magazine as one of the state’s Best Private Courses.
Par 72, it measures 7,200 yards, with a 72.5 course
rating and 130
slope. It has a full service
clubhouse, pub and grill room, outdoor dining, range and short-game practice
area.
While it was not quite in
the league of the two premier private clubs at the Jersey Shore, Galloway
National Golf
Club and Hidden
Creek Golf Club, Ballamor was not far behind.
"It is was truly golf club, with
none of the social activities you’d expect to find at a country club," said the
insider. "It was for guys who
wanted the best golf course they could get for the least money and they didn’t
care about Mother’s Day brunches."
Early on, said the insider,
there were two levels of initiation fees at Ballamor,
which is non-equity club. Members
had a choice of paying a $13,500 initiation fee that was refundable or a $6,500
initiation fee that was non-refundable.
In time, the original owner,
Pat Delaney,
put Ballamor on the market, where it remained for about two
years, until it was bought last spring by Chip Ottinger, who
also owns Scotland
Run Golf Club, the upscale daily-fee course in Williamstown, N.J.
When Ottinger
began to allow some outside daily fee play, said the insider, some members
began to grumble that Ballamor was no longer a private club
and that they were entitled to a refund on some or all of their initiation fees. When he balked, litigation ensued.
The reason for the Chapter 11
filing, speculated the insider, is to halt that litigation, leaving it up to a
bankruptcy judge as to any refunds due members.
"Before, it was debatable
whether the members had a right to get their deposits back," said the
insider. "Now, it’s not debatable,
because there is no pretense any longer that it is a private club."
In the press release, Norton-Scanga said restructuring was in the best interest of
the club’s current members. "It
gives our existing members the opportunity to receive a portion of their
deposits back," she said. "Had the club simply closed, all of their despites
would be 100 percent lost."
As a daily fee course, green
fees will range from $50 off-season to $100 in-season, cart included. Annual memberships will also be available, beginning at $495. All memberships will be offered on an
annual basis with no deposit required, said the announcement.
In addition, regardless of
the level of membership at Ballamor, each membership will
include at no extra cost dual membership at Scotland Run, about 45 minutes away, the release said.