A Long Island private beach club is hitting the market as it navigates bankruptcy after its owner was threatened with jail time. The roughly 1,000-member New York Beach Club, located at 1751 Ocean Boulevard in Atlantic Beach, is for sale together with an adjacent lot at 1815 Ocean Boulevard, creating about 11 acres of contiguous beachfront property. “When people step foot on our property, they think they’re in Aruba,” Alex Jacobson, the beach club’s owner-operator, told The Real Deal. The offering comes after the club declared Chapter 11 bankruptcy in February and defaulted on two loans worth a combined $10 […]
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