From the Wall Street Journal:
The West Side Tennis Club is considering selling its historic stadium, a decaying landmark that hosted the U.S. Open for more than six decades before the game was moved to the National Tennis Center a few miles away.
The horseshoe-shaped stadium, which also was the venue for numerous other events such as a Beatles concert, is revered for helping tennis to grow into a mainstream phenomenon.
"Forest Hills is a U.S. Open icon," said Jim Curley, the U.S. Open's tournament director. "It's unfortunate when you lose a stadium like that with so much history."
The stadium is surrounded by some of the most prestigious real estate in Queens, which has fueled speculation that the site could be a prime candidate of high-end residential development.
West Side Tennis Club President Kenneth J. Parker declined to comment. Nancy VanDerbeck, the club secretary who notified some members about the potential sale Friday, also declined to comment. But according to a notice posted at the West Side Tennis Club, an informational meeting about the potential sale is scheduled for Aug. 10, with a vote by members planned for Aug. 19.
The stadium seats 15,000 and is the former home of the U.S. Open but now is little used.
Two-thirds of West Side Tennis Club members with voting rights must agree to the sale. It is unclear if a buyer has already been selected and how much land would be included in any deal. The letter says the sale proposal would only cover the "stadium parcel."
The issue of what to do with the little-used stadium has long split the club's 825 members. Some want it refurbished; others prefer demolition.