In Brief: Deal by New York Bank Halves Realty Holdings

Evergreen Bancorp has completed sale of the largest single piece remaining of its foreclosed real estate, consisting of property surrounding a golf club.

As a result of the sale, whose terms were not disclosed, Evergreen will cut its remaining real estate portfolio by more than 50% as of the third quarter.

In May 1995, the bank sold the golf club itself - the links and a clubhouse - to Family Golf Centers Inc., Melville, N.Y.

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