<P> When the President is in residence the Palm Beach region becomes a zone of temporary flight restrictions affecting flights and air operations severely within a 30 nautical mile (55.56 km) radius . Coast Guard and Secret Service secure the two waterway approaches, ocean and lake, and Secret Service cordons off streets to Mar - a-Lago during the President's visits . By the third weekend in February 2017, nearby Palm Beach County Park Airport (Lantana Airport) had been shut down for three consecutive weekends, accumulating significant financial losses for multiple businesses . </P> <P> The primary business occupying the estate is the Mar - a-Lago Club, which operates as resort and hotel for dues - paying members, and rents out estate venues for private events . Membership at the Mar - a-Lago Club required a $200,000 initiation fee up until 2012 when it was lowered to $100,000 . Sources close to the resort indicated the cut was in response to reduced demand following the Bernie Madoff scandal which affected many affluent Palm Beach residents . The fee was returned to $200,000 in January 2017 following the election of Donald Trump as president with $14,000 annual dues . Overnight guests pay up to $2,000 a night . According to financial disclosure forms filed by Donald Trump, the Mar - a-Lago Club realized $29.7 million in gross revenues in the period June 2015 to May 2016 . </P> <P> The club has nearly 500 paying members (with a cap of 500) and admits twenty to forty new members a year . Members include oil executive Bill Koch, financier Thomas Peterffy, New Jersey Democratic Party leader George Norcross, lobbyist Kenneth Duberstein, real estate developers Bruce E. Toll and Richard LeFrak, media executive Christopher Ruddy, talk show host Howie Carr, talk show host Michael Savage / s wife, and NFL coach Bill Belichick . </P> <P> The club holds an annual New Year's Eve party, described in Daily Mail by journalist and author Ronald Kessler, who has known Donald Trump for two decades: "The New Year's Eve party was held in that ballroom (described in Kessler's book The Season: Inside Palm Beach and America's Richest Society), with almost 700 guests who paid $1,000 per couple . First came hors d'oeuvres and champagne on the terrace overlooking the pool, always heated to 78 degrees, like the second pool right on the ocean . Cocktail shrimp, stone crab claws, cold lobster, oysters on the half shell, sushi, and caviar dished onto blini were among the offerings . After that, the guests swanned over to the ballroom for dinner and dancing . Dinner included truffle and ricotta ravioli and filet mignon and scallops . The bubbly: from Trump's own Charlottesville, Virginia vineyard ." A second article by Kessler in Daily Mail in February 2016 predicted that Trump would operate as president the way he runs Mar - a-Lago . </P>

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