The Rivi asks members to pay $1,500 to keep the 93-year club open

(This story has been updated with new information.)

Facing steep financial challenges, the Riviera Club, commonly referred to as the Rivi, is asking its members to pay an extra $1,500 one-time fee — or terminate their memberships and depart the club.

The request, which for many families, is nearly as much as the full-year membership to the club, reveals the dire circumstances in which the swim and tennis club finds itself…

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