Marks Over a Dozen Acquisitions in 24 Months
Dallas, TX- Fairway Advisors, a leading national golf-course brokerage and advisory firm, is pleased to announce the successful sale of Stadium Golf Club, a well-established public golf facility located inSchenectady, New York. The buyer, New City Equities, LLC, led by principal Binyomin Neustadt, continues its rapid expansion in the golf and leisure sector.
Stadium Golf Club, known for its inviting layout, strong local reputation, and comprehensive amenities—includingpractice facilities, dining, and event spaces—attracted substantial buyer interest throughout the marketing process.
Jeff Davis, Managing Director of Fairway Advisors and broker on the transaction, noted the strength of the market and New City’s continued momentum.
“Stadium Golf Club is a terrific addition to New City’s growing national golf portfolio,” said Jeff Davis. “The club has a loyal customer base, stable revenues, and a long history in the community. New City recognized the value and moved quickly to secure the asset.”
Davis added that the demand from institutional and private buyers alike remains robust despite broader economic uncertainty.
“This marks the tenth acquisition by New City in just two years, which speaks to both their strategic vision and thecontinued attractiveness of well-operated public golf courses,” Davis said. “We were pleased to represent the transaction and look forward to seeing New City further enhance the facility.”
Binyomin Neustadt, principal of New City Equities, emphasized the company’s enthusiasm for maintaining and improving Stadium Golf Club’s legacy.
“Stadium Golf Club has been a fixture in the region for decades,” Neustadt said. “We are excited to build on that foundation and continue delivering a first-class golf experience for the community.”
This acquisition further solidifies New City Equities as one of the most active golf-course investors in the UnitedStates. Fairway Advisors remains at the forefront of national golf-course transactions, leveraging more than two decades of specialized expertise.
About Stadium Golf Club
Stadium Golf Club, located in Schenectady, New York, is a popular 18-hole public facility featuring a classic layout,practice range, full-service restaurant, banquet space, and a long-standing reputation for friendly, accessible golf.
About New City Equities, LLC
New City Equities, LLC is a privately held investment firm focused on strategic acquisitions in the golf, hospitality,and recreational sectors. Led by principal Binyomin Neustadt, the company has completed over a dozen acquisitions in the past 24 months.
About Fairway Advisors
Founded in 2005, Fairway Advisors specializes exclusively in golf-course brokerage, advisory, and valuation services. Led by Managing Director Jeff Davis, the firm has represented owners and investors in golf-course transactions across the United States for 20 years.
