Island Global Yachting...

Montauk Yacht Club is the Company’s Latest Buy

The historic and very popular Montauk Yacht Club Resort & Marina on New York’s Long Island will change ownership. Andrew L. Farkas, CEO of Island Global Yachting, announced the purchase this month by his company.

The Montauk Yacht Club located on the eastern tip of Long Island 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.

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 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.

IGY also operates the new Yacht Haven Grande Marina in St. Thomas which had its grand opening on March 26th after two years of construction.