SuperYacht Times logo Market intelligence promo small
Market Intelligence
Latest news
Advertisement

Island Global Yachting acquires Montauk Yacht Club Resort & Marina

Travel

Island Global Yachting (IGY), one of the world’s premier owners, developers and managers of luxury marinas and yachting lifestyle destinations, has acquired the historic Montauk Yacht Club Resort & Marina on New York’s Long Island. Acclaimed as one of the United States’ top resort marina facilities, the Montauk Yacht Club encompasses over 35 acres and includes a 232-slip full-service marina which accommodates vessels up to 175 feet. In addition, the property features 107 deluxe guestrooms and villa suites, restaurants and lounges, the La Bella Vita spa, private beach and extensive recreational offerings.

“We are thrilled to bring the legendary Montauk Yacht Club into the IGY collection of world-class marinas,” said Andrew L. Farkas, CEO of Island Global Yachting. “The Yacht Club has such a historic legacy in the Hamptons and we are dedicated to further enhancing that reputation and elevating the overall experience for everyone who visits the Resort.”

For nearly four decades, the Montauk Yacht Club Resort & Marina has been a perennial favorite playground for those who frequent the shores of Long Island's South Fork East End. The Resort actually began as three separate estates. The original club building was built in 1928 by entrepreneur Carl Fisher, the master builder who turned Miami from a sleepy backwater town into a thriving resort city. Fisher had dreams of replicating his success with the small seaside village of Montauk by creating a playground for the rich and famous. The club's original membership included Vincent Astor, J.P. Morgan, Nelson Doubleday, Edsel Ford, Harry Payne Whitney, Thomas Eastman, John Wanamaker and Harold S. Vanderbilt. Among the many guests was famed aviator Charles Lindbergh, who often flew his seaplane into the harbor to dock at the Marina.

Named by Yachting Magazine as a “top ten marina destination in North America, Mexico and the Bahamas,” The Montauk Yacht Club continues to be a favorite among the boating community and is home to the Brits vs. Yanks, Redbone, and Whitewater Challenger Montauk Yacht Club fishing tournaments.

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2019

Being the intelligence partner for the top shipyards and yacht brokers in the world, we have learned to analyse and track the market in great detail. Each year our leading market report is used by investors, CEOs, owners and other key decision makers to inform themselves on the state of the market and future developments. Find all the information you need on the market, fleet, construction book, ownership nationalities and much more in our report.


#weknow - do you want to know? Buy the report now for only €299!

Advertisement