Will Luxury Condos Replace Famous Tennis Stadium?

Developers this week unveiled designs to transform The West Side Tennis Club at Forest Hills in Queens, N.Y. - host site of the U.S. Open until the late 1970s - into luxury condominiums. Cord Meyer Development Co. wants to pay up to $9 million to scoop out the stadium's interior and replace it with as many as 75 luxury units, carrying prices that could top $1 million each. Cord Meyer also agreed to provide $750,000 to build a permanent structure over the club's clay tennis courts to ensure year-round use. The stadium's facade and arches would remain. (Click here to see an artist's rendering.)

The issue of what to do with the little-used venue has long split the club's membership. Fixing the stadium would cost millions, club president Ken Parker, told The Wall Street Journal. "The stadium itself cannot be used," he said. "It's not safe for people to climb into it."

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