Oheka Castle owner Gary Melius and the board of the Cold Spring Country Club are in talks to turn over the estate and golf course to golf great Jack Nicklaus and developer Stanley Gale in a 99-year lease, according to a letter sent to members of the country club and confirmed by several people involved.
The proposed deal would include $20 million in improvements to the golf course and would transform Oheka Castle into its clubhouse. If the deal closes, it could bail out … (View original article)