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Pandemic, rising interest rates force Yacht Club into bankruptcy

December 28, 2022 - The Treasure Island Yacht and Tennis Club of Pinellas County filed for chapter 11 bankruptcy protections Dec. 22 in the Middle District of Florida. St. Petersburg businessman Bill Edwards told the Catalyst that “coming out of the pandemic and facing challenges with local government, it was the right business decision.” Edwards purchased the property in 2009 and filed a lawsuit against the City of Treasure Island in November due to an ongoing zoning dispute.

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