Lucent had taken plenty of criticism for spending so much moneyto transform the former estate of financier James Cox Brady into anexclusive 5,000-acre golfer's playland with two 18-hole courses, anexecutive course, guest suites, and even a helipad. The buyer ofthis golfing magnificence is Townsend Capital, based in Towson, MD,which plans to operate as an exclusive private club.

Lucent execs barely had time to call Hamilton Farm Golf Clubtheir own: the sale closed earlier this month, less than a monthafter it had its grand opening. And, yes, Lucent execs will have tofork over $250,000 or more for individual memberships in the clubthey briefly enjoyed as their own.

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