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Coral Beach could close at the end of this year if its plan to sell the facilities to the members for some $28 million fails. It’s understood most members of the exclusive club have balked at paying $35,000 to its US operator Brickman Associates as p...

Plans to sell the Coral Beach Club to its members were revealed in a letter yesterday from the New York developer that holds a longterm lease on the South Shore property. Brickman Associates earlier this year scrapped much-heralded plans to redevelop...