Ain't It Grand
Wasserman Real Estate Capital LLC has completed its acquisition of fabled Hamilton Hall, one of the most widely recognized and photographed buildings in the golf world. The structure, which overlooks the first tee and 18th green of the Old Course at St. Andrews in Fife, Scotland, is undergoing extensive restoration from which it will emerge as the St Andrews Grand, a high-end residential golf and sporting club. Restoration work on the interior is scheduled to begin immediately, with exterior renovations slated to begin this fall.
During its 111-year history, the massive red sandstone building that looms above the Old Course has served as hotel, a Royal Air Force headquarters, and, most recently, a University of St Andrews dormitory.